Term Insurance : New eligibility criteria for business people

[CCFinvest]

Hi friends,
Good news for business people who have been waiting to get good term life cover of upto 2 Crores.
Anyone having last year low IT return also can get great term cover with very low premium now if they own a car.
So, it is much easier to meet the strict eligibility criteria for term insurance now a days! What do you think?

 

[hemanthgkl1]

@CCFinvest Can you share more details ? What is the insurer ?

 

[quino]

@CCFinvest Can you share more details ? What is the insurer ?

it was always there i guess. last year hdfc employee allowed TRV (like FDs, land documents, etc) in lieu of low ITR.

 

[Hell_Kitty]

Hi friends,
Good news for business people who have been waiting to get good term life cover of upto 2 Crores.
Anyone having last year low IT return also can get great term cover with very low premium now if they own a car.
So, it is much easier to meet the strict eligibility criteria for term insurance now a days! What do you think?

You're an insurance agent?

 

[Harish Agarwal]

My tern insurance is under process. I wanted to buy gor 3 cr but itr supports 1.7 cr.
I have a tiago ev car in my name. Also have 30 lakh fd in axis bank for burgundy criteria.