Sir, in case you are going for term insurance, as you said LIC Amulya Jeevan is there. What I would suggest is that you can try taking Jeevan Mitra which has double/triple cover. The reason why I am suggesting is that on maturity the policy holder has the benefit of getting a good maturity amount and at the same time, in case something happens to the policy holder during the premium paying period, the nominee gets double/triple cover. In case of term insurance, the policy holder does not get anything on maturity.
There is also another product called Jeevan Anand, which gives the policy holder lifelong coverage even after the maturity period.
In case you require any clarifications, you can contact me. I will be happy to assist you.
Which is best term insurance policy in India. I have gone thru LIC Amulya jeevan, MetLife Suraksha plus, ICICI pure Protect etc. Which is best one in terms of premium and claims settlement.
Does they charge extra premium for occasional smokers? Please help