SACHA ADVICE. ACHA ADVISOR.
back arrow Back

Term Insurance Without Salary

reply Share
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?

like like
0
Term Life Insurance

5 Answer

Post
13 Jul, 2022
MBA | 5 years experience
connect with advisor

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

like like
0
icon-comment 0 Comments
icon-reply Reply
connect with advisor
13 Jul, 2022
MBA | 5 years experience
connect with advisor

*Correction in earlier text.. Standard Term Insurance Policy.

like like
0
icon-comment 1 Comments
icon-reply Reply
connect with advisor
15 Jul, 2022
Renu Kumar
like like
0
icon-reply Reply
16 Jul, 2022
connect with advisor

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 ®

like like
0
icon-comment 0 Comments
icon-reply Reply
connect with advisor
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

like like
0
icon-comment 0 Comments
icon-reply Reply
09 Mar, 2023
RoryDickerson

To answer your question, yes, many companies offer term insurance without the prerequisite of a five lakh per annum salary. You can research and compare different insurance policies to find one that fits your budget and needs.

like like
0
icon-comment 0 Comments
icon-reply Reply

Tired of dealing with call centers!

Get a professional advisor for life!

LIFETIME FREE

Rs. 1799

or

Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2023 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂