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Thread: Wanted to buy another term insurance - please suggest?

  1. #1
    NewBie
    Join Date
    Oct 2009
    Location
    India
    Posts
    1

    Question Wanted to buy another term insurance - please suggest?

    I have already bought HDFC Term Plan. Now I would like to take another term plan of 1 Crore (Considering basic rule that term plan should be 10-15 times of annual salary). Please suggest which term plan I should opt?

    Also, is it better to purchase term plan from some other company (except HDFC which I already have)?

    Or do I need to take in to account any other thing?



  2. #2
    Super Moderator PolicyWala's Avatar
    Join Date
    Feb 2009
    Location
    New Delhi
    Posts
    675

    Default

    It's your personal choice. You can go for either option, no issue from claim side.

  3. #3
    Banned
    Join Date
    Jun 2015
    Location
    Bangalore, Ind
    Posts
    2

    Default

    Every insurance company has their own terms and conditions. Depending on those, benefits and premium can differ.


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