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What is the ideal age to buy a term life insurance plan?

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I'm not convinced that when you younger you will get the lower premium say for example at the age of 20 if you taken the term cover for one crore and approx premium would be Rs.750 and if you taken the same cover at the age of 30 then the premium would be around Rs.1200. read more

So a person buying a term plan in his/her 20s is likely to shell out less than a septuagenarian doing the same. It’s ideal for young professionals as it’s cheap and will cover his/her parents in case of untimely demise. When a person progresses further in career and has a spouse and a child to look after, term insurance becomes a necessity. read more

People could now buy online life insurance at the click of a mouse in a few minutes.Research shows that an online term insurance plan may be cheaper by as much as 40% in some cases than the offline plan that offers the same features and benefits. read more

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