all the plans and second is, it is more cost – effective as no broker or dealer is linked which in other way save broker charges.
Choose the most economic plan
If we compare plans of different companies, then we will find their premium charges to be different. It is advised to choose the most economical plan from all the companies. If you prefer any of the company, then do compare that it would not cost very much than the other company’s plan. However, if the claim ration is good in any specific company then you can prefer that over others.
These are few steps which you can follow before choosing any term plan. Apart from above mentioned steps it is always good to know the claim settlement record of the insurance company from which you are planning to buy the policy. Do compare all the policies in every aspect and go according to your requirements.