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

This topic contains 1 reply, has 2 voices, and was last updated by  Umang Goyal 2 years, 3 months ago.

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  • #46733

    Umang Goyal
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    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.

    #46734

    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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