Get Specialist Advice Now!
Annual Income (In Lacs)
Thank you for showing interest in us (Name of the Customer)
We will contact you shortly!
To Buy: 1800-258-5899 (9:30 AM to 6:30 PM)|
For Existing Policy: 1800-103-0003/ 1800-180-0003/ 1800-891-0003|
Life insurance is certainly one of the best ways to take care of your family' s future in case of any eventuality. In fact, it is considered as the most important investment as it works towards the safety of the insured person's family members after his/her demise. Through a life insurance cover, the insurance company ensures your family's financial security is maintained even when the breadwinner is not around. It acts as cover that saves your family from being deprived of the material necessities that they may require in your absence.
As this investment involves your family, you need to be smart enough to choose the right policy. But as a smart investor, you should also look for a combination of factors to save on your premium cost. To help you understand better, here are the following points that you need to keep in mind while buying a life insurance policy -
Avoid smoking/drinking habits - Both of these habits have a negative impact on your health. Health plays a very important role in deciding the premium of your insurance policy. So, if you smoke regularly, then you're at a higher risk of getting health-related problems and you have to pay a higher premium than others as higher risk means higher premium. An insurance company considers these factors too while determining your premium amount. Therefore, to lower down the amount of premium, you must avoid the habit of smoking.
On the whole, the correct information and right research will help you find the best policy which can save thousands on your premium. Thus, you must consider these above-mentioned factors to reduce your life insurance premium.
Besides, if you are looking for an adequate life insurance plan online, then go for Canara HSBC OBC Life Insurance. We offer several different types of life insurance policies, including Invest 4G ULIP plan that offers risk cover along with additional investment options as per your needs.
Do you want us to call back Please fill the form below
Annual Income (In Lacs)
We will call you shortly.
Life Insurance Types of Life Insurance What is Life Insurance? Features of Life Insurance Best Investment Options in India Insurance Premium Endowment Plans Claim Settlement Ratio Whole Life Insurance GST On Life Insurance Benefits of Life Insurance Life Insurance Underwriting Riders in Insurance Factors That Affect Life Insurance Premiums Reasons for Life Insurance Claim Rejection