My annual salary is 2.60 lakh and working with MNC. Looking to buy Term Insurance.
What is the max ammount of term insurance I can take from Aegon Religare/Aviva/LIC?
My annual salary is 2.60 lakh and working with MNC. Looking to buy Term Insurance.
What is the max ammount of term insurance I can take from Aegon Religare/Aviva/LIC?
10 Times of your annual income. 26,00,000/ in your case.
Check these calculator for exect amount -
http://www.policywala.com/hlvcalculator.php
http://www.policywala.com/lincalculator.php
It's two parts question -
First depends on your income and the same you can check with the calculators provided in the above thread.
Second - also depends on the underwriting policies of the the insurance company you are applying for and how much risk they are willing to take.