All Life Insurance Tips

how to buy term life insurance?

how to find the highest rated term life insurance companies

Public Comments

1. A+ is the highest rating, and there are HUNDREDS of companies rated A+. Go talk to a local agent.
2. Contact the Department of Insurance in your state.
3. Find a local insurance broker. They will be able to shop the market and find the best company to suit your needs. Personally, I would avoid buying online. Most websites will only offer surface information and won't be able to give you any practical advice about companies objectively. A broker can do this!
4. You have to directly concern with the insurance companies with whom you want to get life insurance i can suggest you some company names to find out easily. some are of private and some of are public sector insurance company. 1. Bajaj Allianz Life Insurance Company Limited 2. Birla Sun Life Insurance Co. Ltd 3. HDFC Standard Life Insurance Co. Ltd 4. ICICI Prudential Life Insurance Co. Ltd. 5. ING Vysya Life Insurance Company Ltd. 6. Life Insurance Corporation of India 7. Max New York Life Insurance Co. Ltd 8. Met Life India Insurance Company Ltd. 9. Kotak Mahindra Old Mutual Life Insurance Limited 10. SBI Life Insurance Co. Ltd 11. Tata AIG Life Insurance Company Limited 12. Reliance Life Insurance Company Limited. 13. Aviva Life Insurance Co. India Pvt. Ltd. 14. Sahara India Life Insurance Co, Ltd. 15. Shriram Life Insurance Co, Ltd. 16. Bharti AXA Life Insurance Company Ltd. 17. Future Generali Life Insurance Company Ltd. 18. IDBI Fortis Life Insurance Company Ltd. 19. Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd 20. AEGON Religare Life Insurance Company Limited. 21. DLF Pramerica Life Insurance Co. Ltd. 22. Star Union Dai-ichi Life Insurance Comp. Ltd. I will suggest LIC because it is owned by government and trusted insurance company of public sector.
5. Actually A++ is the highest rating, but A+, A, and A- are just fine. You're buying term insurance, not a pension plan. You just want the cheapest term plan that's convertible to something permanent (that's also competitive) should your health change down the road. Call a term life insurance broker.
6. Contact as many insurance agents as you feel like talking to and listen carefully to what their company has to offer.