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Recently answer queries on Term with Return of Premium Option

Hi. I am 24, Male, Non-smoker. I am looking out for an online, Term life insurance policy with survivor benefits. Typical insurance cover that I might consider is Rs 50 lakh over a 30 year period. Please suggest what is the best scheme available which has survivor benefits upon maturity of...

Dear Nitin,

There are many Term Plans with Return of Premium Option. This is the Survivor Benefit that you get from a variance of Term Plan.

Quite a few of them are good ones, however, what suits you the best you be the best as far as you are concerned.

Some good Term Plans with Return of Premium... Read More>>

Asked By: Nithin
On: 10th Apr 2012
Answered Within: 1 Days

My age is 35 years. Can you suggest what is the best term plan for which I opt for,. Also tell me if there are options available which can also give me some benefits i.e. at older age some returns. Please advise.

Dear Avedhesh,

Now, if you need a Term Plan with maturity benefits, the option available to you would be a Term Plan with Return of Premium(TROP) option.

However, there are many Term Plans with return of premium option. Quite a few of them are good ones, however, what suits you the best you be the... Read More>>

Asked By: Avedhesh
On: 1st Mar 2012
Answered Within: 1 Days

My date of birth is 15/07/1969 (42 years old). I am a government employee. I like to take a term plan with maturity benefits and risk cover of huge amount according to my age. Please advise me which is the best product which I must take. Sunil Kumar Singh, AllahabaD email ID:...

Pure Term Plans are a Protection Plan with no return of premium and hence it is the cheapest plan possible with the highest of life coverage. However, if you want returns as well then obviously the premium amount will also increase considerably such that if you die within the policy term, then your... Read More>>

Asked By: Sunil Kumar Singh
On: 15th Dec 2011
Answered Within: 13 Hours

I am 42 years old (DOB 08/05/1969) a banker by profession. I like to take a term plan with maturity benefits (preferably). Pl advise me the suitable insurance products I should take.

If you are looking at a term plan with return of premium option, you must be a careful investor. Hence you could also try and select a Term Plan, since it is cheaper along an Endowment or a ULIP.

However, there are many Term Plans with return of premium option. Quite a few of them are good ones,... Read More>>

Asked By: DHARMENDRA KUMAR
On: 23rd Nov 2011
Answered Within: 23 Hours

hi, There are few policies like HDC Term Gaurantee..do we have any such policies with other companies?ALl the premium is paid back. ALos do we have any price reduction for online purchses. Regrads Varun

Term Plan is a pure protection plan with no return of premium and hence it is the cheapest plan possible with the highest of life coverage. However, if you want a return of the premium, then obviously the premium amount will also increase considerably such that if you die within the policy term,... Read More>>

Asked By: vaurn
On: 9th Sep 2011
Answered Within: 1 Hour

my DOB is 22/05/79 i want to buy an insurance plan of 5000000Rs. where after the term period of 30 years i get my maximum money back with minimum premium can you suggest such plan

There are many Term Plans with return of premium option. Quite a few of them are good ones, however, what suits you the best you be the best as far as you are concerned.

Some good Term Plans with Return of Premium option are:

1. Bajaj Allianz Term Care- has 5 amazing riders and offers large cover at... Read More>>

Asked By: Raj Kamal Shrivastava
On: 18th Aug 2011
Answered Within: 7 Hours

Return of premium option on some Term Plans - does it mean that the premium that i pay will be returned. Is it better than a normal term plan

Term Plans are pure protection plans with no return of premium and hence they are the cheapest plans possible with the highest of life coverage. However, if you want a return of the premium, then obviously the premium amount will also increase considerably such that if you die within the policy... Read More>>

Asked By: Mr Jha
On: 10th Jan 2012
Answered Within: 154 Days

which is the best term plan with return premium option

There are many Term Plans with return of premium option. Quite a few of them are good ones, however, what suits you the best you be the best as far as you are concerned.

Some good Term Plans with Return of Premium option are:

1. Bajaj Allianz Term Care- has 5 amazing riders and offers large cover at... Read More>>

Asked By: venkataramana
On: 18th Jul 2011
Answered Within: 21 Hours

in Riliance Life Spl.Term Plan what is value of maturity affter 20 year fimeal age 24 insred 50lacs

Reliance Special Term Plan is a Term Plan with Return of Premium option on maturity. In that plan if the life insured dies within the policy tenure, then the nominee would get the entire sum assured in lumpsum, and if he survives till the end, there the entire premium paid will be returned on... Read More>>

Asked By: vimal
On: 9th Jun 2011
Answered Within: 55 Minutes

I have taken reliance spl credit guardian plan so pl snuggest me whether i should continue or not

Answered By: anjeev
On: 6/15/2011 6:20:13 PM

Reliance special credit guardian plan covers your family against any loans or liabilities taken by you such as housing loans, personal loans or credit card payments. If you have taken it for such a purpose, then do continue it. If you want to take another such protection plan then take a pure term insurance plan. Aviva iLife, Icici iProtect and IndiaFirst Anytime are some of the options

Answered By: Manoj
On: 6/24/2011 12:37:34 PM

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