Alert! Insurance premiums for term plans become dearer; get ready to pay more
If you are planning to buy a term plan, then you really must know this big development that is going to hit your pocket. Term plan premiums of many life insurance companies have gone up significantly. Most companies have increased the premium amounts for the policies by 20 per cent
Many companies will be raising premiums in June. The number of death claims in the last 12 months has seen a sharp spike. Source Reuters