There are certain things have to kept in mind while selecting a right insurance plan :
1.Every person have to buy a pure risk or death only insurance policy as a primary insurance purchase.
2.The premium amount and the maturity depends on age, annual income and the liabilities.
3.One should look at both price and the claim settlement ratios before choosing the insurance company.
4.One should look at the death only cover of approximately 10 times of annual income.
5.Be 100% truthful in answering all the questions during the purchase process to avoid the challenges in a claims settlement.
Life Insurance products will provide a definite sum of money in case the life insuree dies during the term of policy or when the insuree becomes disable on account of an accident.
Contact D Haribabu (call 9603241814) Insurance Agent from Hyderabad for more guidance on how to take term Insurance.