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  • News From Press Buying a term plan? Go by hard numbers while selecting a life insurer

    Buying a term plan? Go by hard numbers while selecting a life insurer

    Source: BS Jan 14, 2022

    Zeroing in on the right insurer when buying a term policy is not easy. A lot of hard-selling occurs. Agents highlight a variety of policy features that leave the buyer confused. 

    However, the key quality that one looks for in a term policy is that it will pay out the claim when it arises, and do so without delay. By using a few performance-related metrics, which you can obtain from the Insurance and Regulatory Development Authority of India’s (Irdai’s) recently published annual report for 2020-21, you can quickly narrow down on the best insurers. Size The annual report ...

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