I am 29 years of age and wish to purchase a term insurance policy. Based on my financial needs and expected future financial obligations, I have 3 plans in my mind, viz. ICICI icare, SBI shield and LIC Jeevan amulya. The premium for LIC is highest among all but carries a high reputation in the market. Which plan will you recommend me to purchase?
All these plans have good claim settlement ratio which is the most important aspect to consider while buying a term insurance. Since you seem to be more comfortable with LIC, I will recommend it to you.