I am interested in taking term plan from Aegon Religare. But I have few questions. Is it true that in order to purchase Rs. 1 crore cover, one needs to have at least an income of Rs. 5 lakhs annually? What will be better ? Rs. 1 crore from one insurance company or Rs. 1 crore equally divided among two insurance companies? Should I choose public sector player or private sector player is equally good? What to look for while purchasing the one for self?