• Asked By: Swarna Prabha Samal
• On: 18th May 2013
• Answered Within: 2 Days

You can connect the Insurance Company directly with the policy details and get the same rectified. Else, you cancel the policy and re-apply for a fresh policy. However, your money, already debited would not be paid back. If you do not wish to spend more money, then rectification is the only... Read More>>

To know how to go about to choose an Online Term Plan, you must read the article Tips to Buy an Online Term Plan which will surely answer all your queries.

However, as far as Online Term Plan is concerned, you can consider Bharti AXA e-Protect Plan as it is one of the cheapest and iTerm from Aegon... Read More>>

There is a special plan for the people who had a cardiac arrest or a health ailment concern in the past from Star Health called Star Cardiac Care Health Plan. This is a unique and innovative health insurance policy launched by the Star Health for those who have undergone heart related treatment.... Read More>>

There is no fixed rule for underwriting. Each Insurance Company follows their own internal rules for coverage. There is no written rule of how much insurance you can have. All you need to do, is apply and check how much is approved. So, amount of coverage and justification for policy approval is the... Read More>>

If you are looking for a family floater health insurance plan, then the best possible option to cover everyone under the same plan would be Max Bupa Family First plan where all relationships are covered from birth till death and it can be continued lifelong.

This plan has been specially designed... Read More>>

Dear Anil,

Since you are looking for pure protection plans, you can opt for Term Insurance Plans since the basic aim of a life insurance policy is to offer protection. You should immediately take a term plan which is a pure protection plan. In case of death of the customer, the policy pays a certain... Read More>>

Hi,

Whethere you should opt for a Unit Linked Insurance Plan depends on your risk appetite. if you are a risk lover, then you can go for ULIP, else Endowment. However, since the tenure of your investment is 20 to 25 years, you might as well apply for ULIP as the risks even out in the long run. But... Read More>>

If you need premiums returned at the end of the Policy Tenure, you may opt for Term Plans with Return of Premium like ICICI Prudential Life Guard - Return of Premium, AEGON Religare Save Guard Plan - TROP, Bajaj Allianz Term Care - TROP, Kotak Premium Return Plan, etc. where the premiums are... Read More>>

Dear Ramesh,

The premium totally depends on the type of plan you are looking for. If you need a health plan, it is different from a Critical Illness Plan or a Personal Accident Plan. It also depends upon the Health plan you have chosen.

Also, you may be looking for only death coverage in an Endowment... Read More>>