Need A Financial Product Forums Insurance Which term insurance policy should I purchase for self

This topic contains 1 reply, has 2 voices, and was last updated by  Smita Maloo 2 years, 8 months ago.

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  • #46969

    Smita Maloo
    Member

    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?

    #46970

    Hasan Shaikh
    Member

    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.

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