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Best term plan with lowest premium and high claim ratio


Date: 02 Oct 2015   Posted By: Gopal     Group: Finance & Banking    Category: Insurance   

I am looking out for a term plan for value of Rs 50 Lac/Rs.1 Cr. Can any one suggest me the best term plan which is having lowest premium and claim ratio? I am having confusion that should I go for government company or private companies? And what are the options with both? Which is better? The premium should be low. Is anybody having term plan over here? Any one in your reference got the claim? Which company? What about the services?

Searching for insurance term plans with low premium & high claim ratio? Check out the expert feedback provided here to help you make the right choice.


Author: Mahesh    03 Oct 2015      Member Level: Diamond     Points : 5  (Rs 5)    Voting Score: 0

I compared some of the term plans out there. Though I don't have the digital comparison copy to attach here. I suggest you to check out Policy Bazaar.

You can use their comparison table if you want for premium and settlement ratio. Also the premium depends on your age and the salary the premium cost will also change as well.

LIC's amulya jeevan seems to have lowest premium and high claim ratio. Whereas Aegon Religare has the highest premium and medium to high claim ratio. There are some of the other policies that you can check on the policy bazaar to suit your requirements.





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