How to buy a Term Insurance plan

Selecting the right life insurance company for purchasing term insurance is crucial to ensuring financial security for your loved ones. Most of the Term plans are for whole life and may not get a chance to rectify. 

There are many key factors to consider before making a decision:

1. Customer Base and Reputation

A company's customer base reflects its credibility and trustworthiness. Look for insurers with a large and satisfied customer base, as this indicates reliability. Online reviews, testimonials, and ratings from independent agencies can provide insights into customer experiences.

2. Government Guarantee and Regulations

Ensure that the insurer is regulated by the relevant government authority, such as the Insurance Regulatory and Development Authority of India (IRDAI) or the Federal Insurance Office (FIO) in the U.S. Some countries offer a policyholder protection scheme that guarantees compensation in case of the insurer’s failure. Checking such provisions can safeguard your investment.

3. Claim Settlement Ratio

The claim settlement ratio (CSR) represents the percentage of claims an insurer has settled against the total claims received in a given year. A high CSR (above 95%) indicates a company’s reliability in honoring claims. Companies with a strong history of settling claims promptly should be prioritized.

4. After-Sales Services

The efficiency of an insurer’s after-sales service is vital. Look for insurers that offer seamless policy management, easy premium payments, and responsive customer support. A company with a dedicated grievance redressal system ensures smooth handling of policyholder concerns.

Selecting the right life insurance company requires careful evaluation of customer trust, government backing, claim settlement history, and after-sales services. By considering these factors, you can make an informed decision and secure your family’s financial future.

For more information, call 9886568000

Term plan, Rs. 1 Crore @ Rs. XX/day - How term plans are so cheap online - How it works

After Corona attack, everyone wants to buy Life Insurance as soon as possible. The same way many online portals also started marketing their products. Many people also started buying online Insurance plans without considering who would help for claims etc., 
You can see a number of Term plan advertisements on websites and television. A normal person may not be able to buy as per the calculations shown. The premium calculated is for a plain plan of Rs. 1 Crore. No extra benefits added to that. 

Term Insurance, 1 Crore @ Rs. XX/Day

BUY Term plan with all benefit

GIVE  A MISSED CALL AT : 9886568000 

Lifetime doorstep services

whenever anyone wants to go for a term plan, please add all riders like Double Accident Benefit, Critical Illness rider etc.,

Buying online products is very easy. You might have seen after the delivery of the product how many people fight for installation with their little know knowledge and finally break it. 

Insurance is not a product. Life Insurance connected with your life and your nominees future.  Many buy Insurance and never discuss that with family members. Insurance is a long term affair, it has to be discussed with family before planning.

Insurance should be purchased from an experienced Advisor who can do the due diligence in a proper way. In the future, if he is not there also, the claim should not be a problem. 

Term plan, Rs. 1 Crore @ Rs. XX/day - How term plans are so cheap online - How it works

After Corona attack, everyone wants to buy Life Insurance as soon as possible. The same way many online portals also started marketing their products. Many people also started buying online Insurance plans without considering who would help for claims etc., 

You can see a number of Term plan advertisements on websites and television. A normal person may not be able to buy as per the calculations shown. The premium calculated is for a plain plan of Rs. 1 Crore. No extra benefits added to that. 

Term Insurance, 1 Crore @ Rs. XX/Day

BUY Term plan with all benefit 

GIVE  A MISSED CALL AT : 9886568000 

Lifetime doorstep services

Whenever requirement for Term insurance comes, please go for all riders like

•  Accident Benefit, 
• Critical Illness rider
• Waiver of Premium etc.,

Buying online products is very easy. You might have seen after the delivery of the product how many people fight for installation with their little know knowledge and finally break it. 

Insurance is not a product. Life Insurance is for your life for the betterment of your nominees future.  Many buy Insurance online and forget to update them with family members. Buying Life Insurance offline is always good. The policyholder would have a satisfaction meeting, discussing and declaring everything to the Insurance Executive. 

Insurance should be purchased from an experienced Advisor who can do the due diligence in a proper way. In the future, if he is not there also, the claim should not be a problem.