I am 37 yrs old male unmarried. I want to take health insurance cover with my widow mother (55 yrs old). Also I want to take individual life insurance policy for both of us. I have searched the internet but am really confused with the options. I want an expert/experienced person suggestion in this matter. I can invest 30K per annum for all combined policies. Also I want to start immediately. Pls share your views urgently.
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With 30000 as annual premium you can get a policy of 20 years ..and the cover will not be more than 6 to 7 lakhs.. If you go for higher insurance, the premium will be more.. consult agent of LIC or any other private ins co,