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I want to get life insurance. Which one is the best and that covers my life as well as accidental risks? Please advice

was asked 6 years ago 1 advice Investmentlife insurance
I think there are quite a few good life insurance policies available in the market. What I will suggest is to buy life insurance with sum assured of at least 15X-20X of your annual income and it should be pure term insurance and must not be semi investment type policy.

The semi-investment type policies are neither good insurance policy nor are they good investment tools. Term insurance should be vanilla term policies.

To identify good Term insurance you should look at two things 1) The Claim settlement ratio 2) Claim settlement amount

I am using HDFC Life myself but you can see the best 5 list as below-

1) LIC

2) HDFC Life

3) SBI Life

4) MAX Life

5) Tata AIA

Watch the attached video for further details

Ashish Agrawal 6 years ago

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