Hi team,
This is my first post in the forum.
I have been planning to take Life insurance for myself to secure my family.
I have decided on taking Term assurance for myself, instead of going for a plan combining Insurance and investments.
But I am very badly divided in opinion.
There is one part of my which says LIC is the only reliable Term assurance provider as it is being supported by government. But the charges are around 14K for 40L cover.
On other hand there are private players providing insurance online, the likes of ICICI prulife and Religare AEGON, who are offering the same coverage at a paltry 4K pa.
How good are these kind of insurance providers? please advise so that I can decide on the right move. Since it is the question of my family living post me, I am trying to be doubly sure in the decision.
Has anyone had any good / bad experiences with such Online insurance providers. Please let me know...
Also let me know if there is any mistake with my post.
This is my first post in the forum.
I have been planning to take Life insurance for myself to secure my family.
I have decided on taking Term assurance for myself, instead of going for a plan combining Insurance and investments.
But I am very badly divided in opinion.
There is one part of my which says LIC is the only reliable Term assurance provider as it is being supported by government. But the charges are around 14K for 40L cover.
On other hand there are private players providing insurance online, the likes of ICICI prulife and Religare AEGON, who are offering the same coverage at a paltry 4K pa.
How good are these kind of insurance providers? please advise so that I can decide on the right move. Since it is the question of my family living post me, I am trying to be doubly sure in the decision.
Has anyone had any good / bad experiences with such Online insurance providers. Please let me know...
Also let me know if there is any mistake with my post.