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2 thoughts on “Life Insurance: Online Term Product – who is benefited?

  1. Awareness of term product has increased significantly not only in urban areas but in rural areas as well.
    Common public has well understood this concept of pure protection and diverting their savings portion into SIP mutual funds.
    I have not understood how insurance companies are able to achieve both top line and bottom line if economies of scale in selling such type of business is not achieved, apart from facing stiff competition in the market.

  2. Protection Insurance is part of individual financial plan wherein the professional financial planner can recommend the customer how much life insurance and health insurance is required based on customer’ s current and future estimated financial position, current health status and other socio economic factors surrounded by him and his family. Human Life Value is one of the simplest calculations to arrive at the protection cover for the individual.

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