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What all should I look for in a company before buying a life insurance plan?

You can look for these 5 factors in a company before buying a life insurance plan:

  • Company’s claim settlement ratio
  • Asset Under Management (AUM) which is an indicator of company’s financial health & consumer trust
  • Brand value of the company/reputation of the company
  • Company’s presence (geographical & digital)
  • Ease and convenience provided to the customer