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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Disclaimer: I am not a SEBI registered investment advisor or research analyst. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented

“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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