General advice about life insurance
Whenever you decide to buy an insurance policy:
- Check whether the company selling the policy is registered by the IRDA or not
- Ensure that you are buying a policy through an actual licensed agent or broker. Insist on showing the identity card or license.
- You can buy policies directly from the company
- Read the Policy Brochure / Statement Magazine carefully and find out what is covered in the policy and what is not covered