go for it... well done.. run properly on the treadmill ( med test will happen) - stay healthy... max and hdfc are both good.. check if your salary will allow this cover BEFORE you pay the premium ( insurability).. good luck.. you may not get from one insurer.. in that case split it..and buy directly from co..I'm considering (Base 5Cr + incremental plan) 8.5 Cr cover ( cover increase 5% every 10 years) till 65 years with 4500 pm for increasing cover plan paying till term. Considering inflation 6-7%, in the end it's about 2-3 Cr in future value. My only options are HDFC(reasonable cover with good add on), SBI(Expensive with nil add on) , Max Life (Cover is even better than HDFC but poor service and claims)
P.S: There are limited options for Increasing cover option. I don't want mere peanuts my family needs it!