Need A Financial Product › Forums › Insurance › Am I right by diversifying in two term insurance policies

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  • August 7, 2014 at 10:55 pm #46733
    samkapoor77
    Keymaster

    I am planning to take 2 term insurance policies of Rs. 50 lakhs each from Aegon Religare and Aviva. I have read somewhere that premium on 40 lakhs sum assured is more than premium on 50 lakhs sum assured. If I go with this logic than will I be paying high premium by diversifying in two term policies.

    August 9, 2014 at 2:02 pm #46734
    samkapoor77
    Keymaster

    Check with both the companies’, premium for sum assured of Rs. 50 lakhs and premium for sum assured of Rs. 1 crore. You will get to know your answer.

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