Short Term Life Insurance
March 17th, 2011
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Life Insurance is preferred by people which is costlier in terms of payment.why not personal accidentis opted?
personal accident policy is cheaper which has table of benefits costing around 200rs/lac.Life Insurance proves to be costlier in terms of premium&in long run.whereas general Insurance is short term contract costless too
because accident Insurance rarely pays out. you have to die by bodily injuries to receive such payment. its really a complete waste of money. with ordinary life Insurance, it pays out no matter how you die.
term Insurance is cheapest in the long run.
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