Welcome to our forums...

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.


+ Reply to Thread
Results 1 to 2 of 2

Hybrid View

  1. #1

    Default Term Life Insurance

    The sole objective of Term plans is to serve the protection needs of the customers and by doing so, safeguard one’s family from the financial implications of unfortunate circumstances that one cannot foresee.These plans are pure risk cover plans with or without maturity benefit. These pure risk plans cover your life at a nominal cost and you may want to take this plan to cover your outstanding debts like a mortgage, a home loan etc.Term life insurance is the simplest form of life insurance. Term life insurance is a type of temporary life insurance, as it covers only a specific period of time. Term life insurance provides a pre-set amount of coverage if the policyholder dies during the period of time specified in the policy.

  2. #2

    Default

    I have taken LIC jeevan Annad for 16 years.
    However, I want to know if term insurance is better as Jeeva Anand is expensive . However, term insurance needs to be taken for whole life(ie premium needs to be paid for whole life.)

    Jeevan anand cash outflow is more for 16 years.
    Whihc one is better?
    I have taken jeevan anand 1 month back and should I cancel it and take term insurance now?


 
+ Reply to Thread

Similar Threads

  1. ICICI Pru Life unveils online pure term plan
    By IndiaInsurance in forum Indian Insurance News - Insurance News India
    Replies: 0
    Last Post: 17th August 2010, 02:21 AM
  2. SEBI order may not affect life insurers in near term
    By IndiaInsurance in forum Indian Insurance News - Insurance News India
    Replies: 0
    Last Post: 16th April 2010, 07:35 AM
  3. Life insurers seek higher FDI, tax sops for long-term policies
    By IndiaInsurance in forum Indian Insurance News - Insurance News India
    Replies: 0
    Last Post: 21st February 2010, 08:18 PM
  4. New Tax Code may give a fillip to long-term life policies
    By IndiaInsurance in forum Indian Insurance News - Insurance News India
    Replies: 0
    Last Post: 21st November 2009, 04:20 AM
  5. Premium rates for term life insurance policies may drop 10%
    By IndiaInsurance in forum Indian Insurance News - Insurance News India
    Replies: 0
    Last Post: 17th October 2009, 09:36 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts