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Thread: Which Term insurance cover to buy?

  1. #1
    PolicyWala Newbie
    Join Date
    Mar 2009
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    India
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    Question Which Term insurance cover to buy?



  2. #2
    PW Stalwart >take's Avatar
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    Jun 2009
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    India
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    • ICICI - I Protect - Premium - Rs.3420 for 30 lakh Sum Insured for 30 years
    • Aegon Religare - I Term - Premium - Rs.3930 for 30 lakh Sum Insured for 25 years (maximum)


    Go for ICICI - I Protect Term Plan.

  3. #3
    PolicyWala Newbie
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    Apr 2009
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    30 year plan will be over by when you are 54 year old. At that point of time you won't get another cover. And also the premium mentioned above by >take are for non smokers, keep this thing also in mind.

  4. #4
    PW Regular
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    Mar 2011
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    Bangalore
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    You might want to consider Aviva Lifeshield Platinum that would give you coverage till 70yrs of age. Generally, most the insurance has an limit of Age70/75yrs or 30 yrs premium paying term. In case of Aviva, there term is not a limit with resepect to premium paying term. You would certaintly find that taking a new term insurance at the age of 54, is very expensive.


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