Term Insurance Advise for Diabetic person
I am a 31-year-old male, and work as a software engineer. I have a diabetes condition for past 2 years ( pre-diabetic range currently)
I received a below quote from one of the term insurance provider, considering my Diabetic condition, and occasional smoking.
Sum Insured - 2CR
Policy Term : 40 years (coverage from policy issue date will next 40 year)
Pay Term : 15 Years
Premium : 1,20,000 / Annually
Benefits - No rider benefits, insured amount given in case of death
Please suggest if this is a good offer ?