I am 50+ and need term insurance till I retire.
Exploring various options available has left me very confused.
Would you recommend an online or offline Term Insurance?
I noticed that Aegon Religare is affordable and has some really satisfied customers. Their claim settlement ratio was 81% for 2014-15 as per IRDA and obviously not the best. The company’s website says this figure was 89% as in 28 February 2015.
The other option I have in mind is HDFC.
Would it be worthwhile going along with Aegon Religare or should one just stick with better-known names?
Thank you for your time.