Insurance guidance
I’m 32 years old with two kids, and I’m planning to take both health insurance and term insurance for financial security. What should be the ideal cover amount at this stage, and which insurance providers do you recommend? Also curious to know what policies others here are currently holding.
For health insurance - HDFC Ergo ke saath my experience is good so far. For term insurance, go to policy bazaar and compare policies from many providers and choose the one that best suits your needs. Considering today's time, I belive 2 CR is the sufficient amount.
PolicyBazaar will spam your number with so many calls like if it were written at a urinal.
Calculate all the expenses practically and then calculate the amount for term life. If you have a home loan consider that as well along with education and other major expenses. It could be 4-5 crore.
Check Ditto to compare. They are informative, and not pushy.
Avoid bajaj and star for health. Facing issues .
Personally have taken hdfc for both health and life
Choose hdfc, max, etc. Google BasuNivesh Insurance
Is there any difference in premium when we take directly or through Ditto
Talk to a Ditto executive. I had a very good experience with them in picking a insurance for my Dad. You can opt to get an insurance through them or not.
