Hi Nitesh,

I also was apprehensive of the claims ratio for Aegon but when I visited their site the Claims counter on the website stated 6 claims settles from 7. So I left my mobile number on their website and got a call back immediately and asked about my doubt. The representative clarified that only 1 claim rejected and that also only on medical grounds where the person was suffering from some disease while taking policy and knowing it did not declare. I also checked this on the claim counter on the website and it was true. So I was convinced. Also I did a lot of reading about online term plans in the financial magazines like Outlook money and did a lot of research and found that all term plans are the same and once a term plan is issue the company is bound to cover the risk so I think it’s ok to go ahead. Between Hdfc/Avia/aegon I would suggest aegon as it was the 1st company to launch + longest period of cover and experience in issuing is better. HDFC is also good but expensive.