Term Insurance Without Salary
12 Jul, 2022
by Renu Kumar
Just wanted to know that does any company offer term insurance without the prerequisite of five lakh per annum salary?
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15 Jul, 2022
Renu Kumar
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16 Jul, 2022
Hi Renu Kumar,
LIC is the only entity which offer you a Term Plan if you do not touch 5 LPA currently
Get in touch for details
Thanks
Komal Jain
Qualified Personal Finance Professional ®
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17 Jul, 2022
CEO, Insurance Samadhan
Dear Renu
Would depend on your age , education qualification and current proven income through ITR or salary slip and sum assured desired .
A good advisor can build your case and get you term cover .
Though almost all companies have clear guidelines of Rs 5 lakh to avoid moral hazards. .
So if your intent is good alongwith supportive docs then case can be considered .
Best wishes
Shailesh Kumar
Insurance Samadhan
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Dear Renu,
You can evaluate Saral Jeevan Bima. It is a standard health insurance policy that does not require minimum 5 Lacs income.
Regards
Rohit Dhingra