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Online Term Plans


Online Term PlansIf wealth building,wealth protection,estate planning,legacy planning,cash management etc. are not priorities,then an online term plan is probably the best life insurance product you can purchase.

At long last,the LIC has come up with its own online term insurance plan.The premium as you can see is on the higher side.

Obviously lower premiums are the way to go.But before you decide anyway,go over the exclusion clauses to ensure that all situations that can possibly apply to you are covered,else you will be purchasing an umbrella with holes.Also be certain that if your insurer has been around for more than 10 years,the company has a settlement ratio above 90%,else you are likely entering into a vital contract with a less than reliable partner.

 

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About Keerthika Singaravel
Engineer,Investor,Businessperson

One Response to Online Term Plans

  1. Pingback: Why Does An Online Term Insurance Plan Premium Differ Between Companies? | wealthymatters

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