Term Plan & Company Reliability

POSTED BY Deepti ON March 5, 2011 7:03 pm ONE COMMENT

Hello Manish

I am regular reader of  your forum

I just want to buy a term plan for Rs 25 lacs for 30 years from Kotak ( or any other co. u suggest ) 

  Let us suppose if  said co. become failure and roll back from India, What will be the effect on my coverage ? Does IRDA will give CLaim?

What will happen to my Insurance coverage ? who will pay the claim if occured ?

In Case if their foreign partner leaves then impact on my policy ? As exmaple HDFC broke with standard and now HDFC has increased  premium & charges on some plans and saying if u wish to continue pay reqd. amount otherwis eclose the plan?



One reply on this article “Term Plan & Company Reliability”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.