It is observed premium paid on life insurance term policies are Much cheaper than offline. Is it only because of agents commission or there is difference in type of coverage?
Would like to know whether an Individual can take two Term policies from different Insurance companies?
These days there are many options for pension plans with several riders ; A hordes of never heard names are floating in the market , like Aviva, Max Newyork, AXA besides our age old LIC, UTI. All claim to have best track records and offer the best scheme. I do not know whom to trust and do not understand their satistics of track records. Please tell me what is the best and how to comperhend that.
LIC offers 25 lakhs term policy with higher premium; a private insurer offers 15 lakh + 10 lakh accident benefit = 25 lakh term policy with less premium. Which one is better? What is the catch in it? Which term policy for Rs. 25 lakh is good. Shall I go for private insurers? I am confused.