I have one LIC Term Insurance Plan - Anmol Jeevan-I for 20 lacs (25 yrs). Looking for purchasing additional term plan. I am confused over cover amount (50 lacs or 1 cr)?
I have one LIC Term Insurance Plan - Anmol Jeevan-I for 20 lacs (25 yrs). Looking for purchasing additional term plan. I am confused over cover amount (50 lacs or 1 cr)?
You can check here -
1. http://www.policywala.com/lincalculator.php
2. http://www.policywala.com/hlvcalculator.php
In normal case insurance company could cover you upto 10 times of your annual income. Check yourself.Quote:
Originally Posted by Bhairav