Which is the best term insurance plan for 1 Cr. sum assured?

mir

KF Rookie
Which is the best term insurance plan for 1 Cr. sum assured?
I am thinking to buy either LIC's New Tech Term Plan or LIC's Jeevan Amar Plan.
Please guide.
 

ShavirB

Founder
Staff member
LIC Tech Term and LUC Jeevan Amar both are Pure Term Plans offered by LIC. There are few differences you should know

1) Tech Term is an Online Plan. Jeevan Amar is an Offline Plan
2) LIC Tech Term is slightly cheaper (15-20%) than Jeevan Amar for the same Insured Amount.
 
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Which is the best term insurance plan for 1 Cr. sum assured?
I am thinking to buy either LIC's New Tech Term Plan or LIC's Jeevan Amar Plan.
Please guide.
Are you sure that you want to go with LIC. Because there are plans better than LIC in the market... If you want to know I can suggest you some.
If needed drop your details.
Age
Gender
Habits- smoking or drinking if any
Medical condition or pre-existing diseases.

I will let you know the best plan available for you.
 
Which is the best term insurance plan for 1 Cr. sum assured?
I am thinking to buy either LIC's New Tech Term Plan or LIC's Jeevan Amar Plan.
Please guide.
I would highly recommend going with HDFC Life, Bajaj Allianz, TATA AIA or Max Life Insurance.

If you still require more info, I would highly suggest to consult with the Ditto Insurance Team once, they shall provide complete non-biased review of all the plans based on your current status and requirements.
 
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