India Investment Insurance: December 2008

Term Insurance Premiums

Term insurance are the most ignored policies however its gives you the best life cover. Money Today complied the premium rates for Term Insurance covers for 25 lakhs of top insurer.
Ageon Religare & Kotak Life Insurance has the most economical premium.
Religare Premium is Rs 23 per day and Kotak Premium is only Rs 24 per day( Rs 8764) for a 35 year old non smoker who takes the policy for 25 years.

*Kotak rate is for Non Smoker.
Money Today sourced the information from Company websites
Figures are indicative premium in rupees for a year assured of Rs 25 lakh inclusive of service tax. Assuming that the insurance policy is take till the age of 60.

All rates are on date 11 Dec 2008

Disclaimer: The author of this page is not a registered financial advisor or registered stockbroker, and you should not construe anything written here to be investment advise. All information is a point of view, and is for educational and informational use only. No representation is being made that any investment made on the basis of data or information on this blog will result in profits. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.Please Apply your own thoughts before investing; I could be wrong. I do not accept responsibility for any losses incurred by interpretation of content in this blog. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

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