Help on term insurance

[pannilakki]

HELP PLZ
1)does term insurance include an home loan insurance like an HLPP plan. ?
2)Is it advisable to go for the term plan which offers return on premium, but are 30-40% costlier than regular plans.?

kindly help with ur valuable replies asap.

 

[comm4300]

HELP PLZ
1)does term insurance include an home loan insurance like an HLPP plan. ?

term insurance is taken for protection. If you die, whatever debt you have [home loan, etc] + whatever financial need is required for your family is taken care of.

2)Is it advisable to go for the term plan which offers return on premium, but are 30-40% costlier than regular plans.?

term policy is to be bought purely for protection. pure term policies are cheap.
For return on investments, there are other instruments mutual fund, equity, fd etc.

try not to combine both.

best wishes.

 

[John Robert]

For Term Insurance I prefer the buyonline.aegonreligare.com plan. You can buy this plan online also.