I am 32 years of age and want to take a Life Term Insurance and Health Insurance protection plan.
I. Whether HDFC Click 2 Protect with rider benefit of cancer care is a good option for me?
II. Separate term plan and cancer care is good?
III. Coverage of various illness is good instead of cancer care?
IV. Please suggest the term (period) for the term insurance as well as cancer care/ illness protection cover.
Thanks in advance.
varun-Buy HDFC without any riders. But Accidental Insurance separately from General Insurance or standalone health insurance companies. Opt Critical Illness cover only in case there is a history of such illness in your family. Otherwise, not required.
thanks a lot for the info sir. please update me on the period of term insurance….
It should be ideally equal to your working period. I mean up to start of your retireemnt period.