Your Life Insurance May Need To Be 1 Crore, Here's why!
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Table of Contents
Why One Crore life insurance?
Factors to Consider while buying 1 Cr Life Insurance Policy
One Crore Life Insurance Plan
One Crore Life Insurance Premium
One Crore Life Cover
Inflation Rate in India
Conclusion
About Author
Frequently Asked Questions
for Salaried Individuals¹
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Disclaimer
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
² Our life insurance policies cover COVID -19 claims under life insurance claims, subject to applicable terms & conditions of policy contract and extant regulatory framework.
3https://www.hindustantimes.com/india-news/indias-inflation-rate-falls-to-4-7-in-april-2023-boosting-prospects-for-interest-rate-cut-amid-concerns-over-industrial-growth-101683915114664.html
ADV/7/23-24/1257
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