How to Select the Best Term Insurance Plan for Yourself?
During my time at HDFC Life Insurance and ET Money, I would have spoken to a few hundred term insurance policyholders. I got a better idea of their thought process when choosing a term insurance plan, noticed some mistakes they made, questions they asked related to life insurance etc. On basis of what I learnt, this video here details the 6 steps on needs to follow when selecting a term life insurance policy. These steps will ensure you are buying the best term insurance plan for yourself and the life insurance cover you choose is optimum
👉 Video Chapters:
00:00 What is Term Life Insurance
01:14 Benefits of Term Insurance Plans
03:55 How to Calculate Your Life Insurance Cover
08:19 6 Steps When Choosing a Term Insurance Plan
08:28 1. Ideal Life Insurance Coverage
09:01 2. Tenure of Term Insurance Policy
10:50 3. Target Highest Peace-of-Mind
12:16 4. Life Insurance Riders (Critical Illness, Disability & Accident)
14:03 5. Claim Settlement Ratio
14:58 6. Insurance Process & Documentation
16:14 Discount on Term Insurance Plans
16:42 Married Women’s Property Act in Life Insurance
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“Shankar Nath” Presenting Video – How to Select the Best Term Insurance Plan for Yourself? ,
How to Select the Best Term Insurance Plan for Yourself?
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Source Link : https://www.youtube.com/watch?v=RIUY127GyxE
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