Which is the best LIC term plan Quora?

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Which is the best LIC term plan Quora?

The best LIC policy is an eTerm policy for term insurance cover – It means your family will get the money only in the event of your death. So if you earn Rs 5 lakhs, you can buy a term policy for about 20 times or = to Rs 1 crore. It will cost you about 8 to 20k per year based on your age.

Which death is not covered in term insurance?

Death caused due to any natural disaster or act of god like Tsunami, Earthquake, floods, is not covered by Term Insurance, unless, you have opted for any particular riders for that purpose. 1. Check the features and compare various plans using various online tools available.

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Which term plan is best in 2021 Quora?

Some of the best term insurance policies in India are:

  • Maha Raksha Supreme by Tata AIA.
  • Zindagi Plus by Edelweiss Tokio.
  • e-Term Plan by Kotak Life.
  • Click 2 Life Protect by HDFC Life.

Does LIC Tech term cover accidental death?

All deaths are covered under this plan except suicide during the first year. Accidental Death Benefit Rider can be available under regular and limited premium payment policies as an optional rider by paying an additional premium.

Is the Tata AIA term insurance plan beneficial?

Yes, purchasing the TATA AIA term insurance plan is quite beneficial. However, to begin with I was quite confused when I wanted to purchase a life insurance plan. My friends suggested that there are best term policies available.

What is the difference between Tata AIA and listlic?

LIC is a public sector company whereas TATA AIA is a private company, both being regulated by IRDA. Better you have to compare their schemes before buying a policy. How is Tata AIA for a term insurance plan?

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Is the Atata AIA fortune Pro Plan a mutual fund?

TATA AIA is an insurance company. So the Fortune pro plan is a ULIP (Unit linked insurance plan) product, not a mutual fund. This type of insurance plan has insurance coverage and investment option. Normally we should not mix investment and insurance in to one product. ————But why?