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Thread: Term Insurance for a 27 Years old

  1. #1
    PolicyWala NewBie
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    Question Term Insurance for a 27 Years old

    I am looking for a Life Insurance for myself. After searching and reading a lot about life insurance, I am going for Term Insurance. I am working with Govt. PSU. My details are as below –
    Age – 27 Years old
    Salary – 3,50,000/- per annum

    Looking for a cover for 35 years. Please suggest a cheap and best plan for me.



  2. #2
    Moderator CONFUSED's Avatar
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    AEGON Religare Life Insurance item is the cheapest plan available. But if you are non smoker, you might also check Kotak Mahindra’s Term Insurance plan.
    Rules/Guidelines at PolicyWala | Help Old People |
    I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.

  3. #3
    PolicyWala Expert
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    Try policybazaar.com, apnapaisa.com or itrust.in etc price comparison websites. But with the price also check the coverage.

  4. #4
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    Quote Originally Posted by CONFUSED View Post
    AEGON Religare Life Insurance item is the cheapest plan available. But if you are non smoker, you might also check Kotak Mahindra’s Term Insurance plan.
    Quote Originally Posted by Harish Rawat View Post
    Try policybazaar.com, apnapaisa.com or itrust.in etc price comparison websites. But with the price also check the coverage.
    Thanks for your input. I have checked on the policybazaar and apnapaisa; and found out that iterm is the cheapest. I have one more query – Do I go for Personal Accident and Critical illness rider?

  5. #5
    PolicyWala Expert
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    I would recommend go for it. Personal Accident and Critical illness are necessary in today’s world. Also go for Mediclaim policy.

  6. #6
    PolicyWala NewBie
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    Thumbs up

    Quote Originally Posted by Harish Rawat View Post
    I would recommend go for it. Personal Accident and Critical illness are necessary in today’s world. Also go for Mediclaim policy.
    Thanks again for your input.


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