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How to secure Rs 1 crore life insurance cover?

If you are planning to add any riders to your basic policy, you can consider accident cover, critical illness cover, and premium waiver

I am 26 year old. I work in an MNC company. I want to buy a term insurance cover of ₹1 crore. Can you please suggest me the points that I need to consider before buying a term insurance and let me know if you have any recommendations.
- Sankara Sarma Akella

You can buy online term life insurance covers from companies like Aegon Religare, Max Life, HDFC Life, etc. While buying a term cover, you should place a lot of importance on two aspects: annual premium and the claim settlement ratio of the firm. If you are planning to add any riders to your basic policy, you can consider accident cover, critical illness cover, and premium waiver. Since you are buying an insurance cover of ₹1 crore, you can consider dividing your cover between two insurance companies.

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