Best and Cheapest term insurance plans in India 2012-2013 : In this post I am going explain Which is the best term insurance plan in India ? Which Insurance company has the best claim settlement Ratio? and the best and cheapest insurance term insurance plans in India for the year 2012 -2013. You can Compare Term life insurance or term assurance and Get Life Insurance at a lower rates in India. Choose term insurance plan for family and friends and added security and buy best term life insurance online any where . The cost of premiums will be change from person to person as it depends on many factors like AGE and health conditions and Lifestyle.Term Life Insurance is the cheapest and simplest option for any one who don’t want any returns.Insurance companies offer variations of term life insurance in India.
In term Insurance plans can only get risk cover on death, If insured doesn’t die within term of plan then no any payment is done for the insured person. There are many insurance companies provide term and protection Insurance policies. Insurance in India is regulated by IRDA. All the insurance companies has to follow Indian Insurance Act.There are nearly 14 companies some are active and some are passive. The insurance business is simple.But I think HDFC has a good Protection plans such as HDFC Term Assurance Plan, Premium Guarantee Plan, Loan Cover Term Assurance Plan, Home Loan Protection Plan. It depends on us which plan we should choose considering our financial requirement.