Important Life insurance For Mother Need Guidance .

39°
Deal Subedar
Dealcharmer

Hi folks,
as you all have read the title I want a Life insurance policy for my mother, she is 53 years old some of my friends told me companies don’t cover elderly people easily and even if they do i will have to pay a hefty premium for it . so anyone who is experienced please let me know what policies are there ( i am doing my research on google But still wanna ask someone experienced ). My mother is already covered under DELHI GOVERNMENT EMPLOYEES HEALTH SCHEME and she is a pensioner ( she started getting pension after my dad’s Demise and Is covered under his DGEHS Card) .

Thanks in advance.

PS – I am not dependent on my mother i have younger siblings and I might be leaving country soon. ( My knowledge in policies and insurances is Zero )

6 Comments  |  
3 Dimers
  • Sort By
Benevolent Benevolent
Link Copied

Why do you need a life insurance for your mother? Is she having dependents who require financial assistance?
At her age, normally people require medical insurance not life insurance.
Life insurance premiums are determined by age and risk profile. So naturally, at her age, premium will be high.

Deal Subedar Deal Subedar
Link Copied

Correct..if @Dealcharmer you are depending on her then she will need life insurance…

View 3 more replies
Deal Subedar Deal Subedar
Link Copied

Also take some accidental policy that bank account offers…12rs for 1 lakh sum assured for accidental insurance…

replyuser
Click here to reply
Reply