Term Insurance: How to get 2x sum assured at 1/3rd price? | Masterclass 2025

[@LabourLawAdvisor]

Buy Term Insurance from Policy Bazaar 👇 term.lla.in/

[@nileshkapse308]

Which was the perfect age for taking term life insurance If I am 21 year old btech graduate with 25k salary

[@VikashSharma-em2tm]

Great info with hard work.. Many thankssss... Can u please clear one thing that bhut saare insurance company bolti h ki accident claim tabhi milega jb ap govt transport me safar kr rhe ho, naki private transport me.. Aisa kyu? Accident to same hi h na... Pls clear n advice. Thankssss

[@jayminpatel5191]

Lla there is another doubt i found via youtubers videos was, claim sattlement raio is of all plans average of that company, there is no specific mention by irdai that these much percentage of term plans were rejected, so what to do?

[@arnabdubey2627]

vaiya may koi job abhi to nehi karta par agle 1 se 2 sal ke andar karne wala hu may abhi TI lena chata hu. Mai le sakta hu ki nehi? mera age hay 23.

[@vancedyoutube1811]

Hi Mandeep can you please share the full prompt as a text message

[@imprathameshchavan]

Please make the same detailed video on Health Insurance on the current scenario...

[@shabankhan4383]

Hi Mandeep, thank you. I bought my first Term Life Insurance ICICI Prudential with 1cr cover.

[@chefskitchen7277]

You made a big Mistake ICICI a fraud company Recently I have faced issue with ICICI

[@debjyotibiswas8314]

Yes.... mandeep bole toh sahi hain but aur koyi bole toh fraud hai. Icici worst company. You will be regrets .

[@shubhh.1]

​@@chefskitchen7277 then which one to take for a self-employed person??

[@omludas]

Bajaj allianz is another one....I have to cancel the term plan within free look period as they were unable to rectify the health history declaration after issuing the policy. Still waiting for the refund. Even policy Bazar team couldn't able to help me on this.

[@PiyushSharma-dn4rt]

How much the term plan costing you monthly pls reply

[@akavvk]

My age is 24 now and I am glad that I didn’t choose to complete my term insurance in 10yrs for my 50L inssurance upto 60yrs as they are constantly calling and trying to sell me that. I chose to invest that extra amount in direct mutual fund. I was skeptical about it until I saw this video. Thank you so much for this one.

[@mdmunir7992]

How did you invest in direct mutual fund ? Any app or any fund advisor . Pls tell me I want to start as well .

[@NirmalKumar-sc5tk]

@@mdmunir7992 Zerodha, Groww and ETMoney are best options.

[@souravnaskar370]

Just a week ago bought Tata AIA sampoorna surakhsa with only accidental disabbilty rider. You have mentioned some critical points now which would be better if known earlier. Earlier video helped me a lot. Thanks LLA team.

[@prattay99]

You have 30 days time to change n withdraw your policy you will get full refund

[@AlexXander-q7e]

1:30 , mandeep you can be customer and shareholder at same time by if your invested company disrupts the existing market by offering good value for money products and also sells to more customers by increasing awareness about their value for money products

[@advisoraakashmarathi]

Thank You... Mandeep Sir 3 Saal Pahile Aapka Video dekha tha aur tabhi mein ne TATA AIA Life Insurance ka SAMPOORNA SURAKSHA SUPREME Term Plan liya the... Thank You Again For Your "JAGRUK" Information about Term and Insurance Plans... ❤

[@KanojiaArt]

After watching this video, anyone can buy the best TERM INSURANCE to protect their loved ones. Thank you so much for creating such useful content. ❤

[@chitram4765]

I appreciate the effort u put in each of ur vedios. Thank you.

[@raviyadav9555]

very good video ,,india mei kafi sarre i mean 95% are ""khachhar"" hai, unke liye acchi video hai,,,by the way i am 12th fail , and i buy the same way my term insurance in 2021. 40 lakh+10 lakh rider at 762rs. my premium bit higher as i don't file ITR, my earning is just 15k right now,,good job for this video....."""par khacchar ,,khacchar hi rhenge"""

[@ravid1878]

7 years ago, I took a term insurance. 20 x annual salary was the normal upper limit of the term insurance policy cover. Over the years, my salary has increased, but liabilities & cost of living also sky rocketing. Therefore i feel it is necessary to increase the term insurance cover too. Pl make an vdo advising ....how to opt for increasing the term policy cover. What options are available for increasing the term insurance cover. Thank you to entire LLA team for all your informative vdos

[@sanketnegi1]

I am no financial advisor. .but I as a random person would suggest to consider diversifying.. Because company may reject bigger claims. But they usually do not reject smaller claims to keep check on claim settlement ratio. Also rejection is diversfied.. if one company rejects there is hope other company will still give.. You may research about it may be. I had started with 2. But I have stopped one. because along with salary and lifestyle(still very much controlled) MF portfolio has also increased

[@ek_virus]

Aisa possible hi nahi he....so iske chakkar me mat pado pehle acha kamao phir plan lo

[@onceajordan]

​​@@sanketnegi1 it is not possible to reject death claim post moratorium period of 3 years, irrespective of wording of doc, it's law, if you don't buy adventure rider and then die during scuba, of course you won't get cover. don't spread false information.

[@sanketnegi1]

@@onceajordan please read my comment carefully.. I am not advising.. I already cleared I am not financial advisor and you may consider and research about it.. I know about this law..but I had seen a video where it showed there are ways.. And that is also less than 1 % chance..

[@onceajordan]

@ek_virus it is possible, acko life does it, also i think one more company has come up with it. remember indian law treats life and general insurance differently. it's very safe to buy insurance from any brand post 3 years moratorium period. all companies function same and cannot deny claim

[@vikashdudi8710]

LLA Team you are the best. In comment section many people will complain and support, you can't monitor every comment so I will advise to add a disclaimer to the video about the same "Research and Decide".

[@vanditgambhir]

17:09 so basically company ne FD kara di and aram se 14L pa dia and after that 2cr abhi bhi uske pass hai. kya badia irony hai 😂😂 thankyou lla for awareness

[@Mr420somesh]

I have watched so many videos from you but this one is the best so far.

[@PranavVyas7]

Keep working like this brother ...it means a lot. I had never seen such a channel which really works for the people.

[@syedirfan4746]

Re-uploaded Same scrpit of previous insurance series 😂 Nice way of doubling the ad sense

[@pulkitjain44]

Kya video mandeep bhai! Itne din baad aapka video aaya or humesha ki trh lajwab. Mujhe bhi term plan lena h bs thoda wait krunga. Lekin 2025 me jrur le lunga before I turn 23. ❤❤❤❤

[@akraghav92]

Thank LLA for the insightful videos on Health & Life Insurance . I have picked up my health insurance company after looking at your videos . I will be taking a life insurance to soon . I have a doubt Mandeep . Initially when taking the policy if we dont smoke or drink and we choose no for them , but as time passes by and some habits creep in , do we need to disclose the factum & increase my premium in accordance with the company ? And vice versa where we smoke and drink and disclose in the policy while taking & later on we stop doing those things , we need to disclose it to the company ?

[@mahendrabora7]

Masterclass from Mastermind Mandeep 🤘🏼

[@MohanPhadke07]

Kya video banaya Mandeep bhai ❤ Lovely and super informative 🙏

[@shankars101]

Well articulated, crystal clear

[@KavyaSoni-ew9il]

Why so less view 😢 maybe it will increase gradually Brilliant video! Sir

[@sumitrajput6351]

Just bought ICICI term insurance of 1CR which will cost me 3.6lakh in 10 year if paid yearly or 2322/month for 1st year and approx 2550/month for other 9 year. I have not opted for any paid riders like accidental disability as it was given only if two limbs are permanent disabled or both eyes. Also i have not opted for critical illness as there was condition like end stage cancer, end stage kidney/liver failure and so on for which Policybazaar team suggested to avoid as it will only inc the premium and will be of very less use as per their claim experience. I have just made one wrong move like opted for limited pay as there might be some month where i may nit be able to pay premium so better to avoid that situation i dedcided to pay in 10 years as it is easy than paying for 40 years continuously. Thanks LLA ❤

[@amritpratapsingh1964]

Limited pay is good. If we forget to pay after 10/15 years.. policy will get cancelled. But if we finish the payment in 10-15 years which is easily possible... That's best.

[@motijewelsghatkoparw8516]

Bro of u forget to pay would your family members remember to claim?😅​@@amritpratapsingh1964

[@SultanAhmadYT]

Never limit pay in fact use that extra amount for investment.

[@venkatasaigundelli4480]

Can you please do a video on critical and accidental insurance separately how to take

[@debabratamandal7148]

Very much needed. Also needed a video for House wife term insurance plans as Policy Bazar started giving the same.

[@pranavsankpal2376]

Health insurance 🎉🎉

[@Dagarsahil]

Very good analysis, But critical illness covers if included in SA then their Premium will be more than half as compared to standalone cover Rider. This information should be added in video. Rest all interpretation are valid

[@debabratamandal7148]

Very much needed. Also needed a video for House wife term insurance plans as Policy Bazar started giving the same.

[@k0u0s0h0a0g0r0a0]

18:00 You are saving money on premium, but it is different. Here, only one of you can get death benefits.Maturity amount is also 2 crore. In separate plans, the death of both husband and wife yields double money for the family, and maturity amount is also double.

[@knack6157]

Mujhe wo 3 years pehle wali video jada convincing aur comprehensive lgi thi.

[@PHEONIX-kv8hv]

Same video dekhake maine term insurance liya tha

[@vishy0]

Hi Mandy, this video is really good.

[@GOVINDKUMAR-xi1jg]

All Doubt R clear about Term insurance Thanks LLA Team ❤❤❤

[@ideologicallyindian5361]

Kindly do a detailed guide for health insurance. This videos was eye opening

[@THEAbhimanyuKumar90s]

Thank you so much for this insightful video

[@ayanhalder6194]

Bhai, one video on accidental disability insurance

[@maheshjadhav1526]

Diabetic person ko accha term insurance konsa hai

[@shadaabshaikh932]

Thanku this was very informative

[@mahendrabora7]

Is there a way to check what information we filled while buying the insurance in past?

[@swapnillagade6749]

Download policy documents or welcome kit from your insurers portal you can find your application form printed on it

[@LabourLawAdvisor]

You'll find that in policy document. you can also add the policy in your digilocker app and access your policy document easily.

[@rudrabaan]

Very useful video....its really helps to buy good term plan....thanks, mandeep bhai, for your guidance.

[@ajitkmahto8497]

LIC का टेक टर्म प्लान के बारे में बताइए प्लीज... 🙏

[@ashutoshkumar.]

The best

[@shashankudupi19]

Thank you 🙏.

[@sumerugebise2522]

Hi Mandip, thank you for this information, this is very useful

[@gmk27]

Need your valuable suggestion LLA team: I already have a pure term plan of 1CR with Max Life bought in 2021. During that time, there were limited riders but I have not OPTED for any rider. I think Waiver of Premium or Critical Illness and Disability Rider would have made sense. Right now, I am facing health issues due to which ICICI has rejected my application during Jan 2024 for another 1CR plan. My health is still not very well. In this situation, ULIP plans seems to be reasonable. I have a home loan now which is 48L/20Y & my age is 33 now. What are you thoughts on this?

[@roy_tanmoy]

First of all thanks to LLA team for helping us with all these videos. I'm a regulars viewer and follows you . I have one question regarding these Term Insurance I bought my Term Plan 5 Years back, the cover amount looked fine at that time but given the exorbitant price hike and the lifestyle changes I feel I should have taken more amount. So what's the best and cheapest/reasonable way to have more cover now? thanks if you can help me

[@jitxhere]

I am amazed at that prompt. Can you share the resources to learn it?

[@amitmishra3354]

Request you to make a vedio for Term insurance for housewives also.🙏

[@LabourLawAdvisor]

Please watch the video, i have explained clearly that only income earning members who have dependants are supposed to buy term insurance. Housewives do not require term insurance

[@amitmishra3354]

@LabourLawAdvisor happy to see you replied❤️ I know that term insurance is advised for earning members only. But my point is that a person's expense can increase for child extended care in the absence of their mother. So a person might consider buying a term plan for his Non earning wife as well. I know its over thinking but just wanted to know your thoughts on it. Maybe your team can cover this is a YT Shorts. Thanks

[@debabratamandal7148]

Very much needed. Also needed a video for House wife term insurance plans as Policy Bazar started giving the same. Also requested to show the plan which gives best critical illness covers.

[@ANV_Automation]

Thank You All Information It helps me to much

[@devrajroy642]

Make similar videos for health insurance

[@rajankashyap2327]

16:15 sir in aditya birla digisheild term plan agar aapne 2cr ka term plan income option ke saath liya to apko family ko har month 2.5 lakh milega Jo 5% se grow bhi krega aur yeh agle 20 saal tak milega it' means aapko more than 6cr milega by paying 55k instead 23k ,,

[@urreal6083]

Very informative video 😂😂😂😂😂😂😂😂😂😂😂😂

[@kailashbirjuwale1462]

Can we purchase two Personal Accident policy from one Insurance company. I am for South India. You are video have good information.

[@TheRiyazAhamad]

please make similar video on Health Insurance

[@bhavesh5436]

Very knowledgeable video brother.. 💥🙏

[@hetshah14]

Great Video and Insights. Also if a person is a non-smoker and after few years he starts smoking will it lead to claim rejection?

[@kunal8825]

This should not lead to claim rejection provided they had done your medical checkup while purchasing the insurance and acknowledged that you are non smoker

[@kunal8825]

Also, these term insurance companies know after the age of 25, a person is less likely to start smoking or drinking. And in most cases, people who are 25+ are their new customers.

[@hetshah14]

@@kunal8825 Thanks for detailed explanation. Appreciate it.👍🏻

[@alifepenneddown]

@Mandeep, a small thing to highlight is I can invest 2400/- per month from 11th year to 38th year and get 12% return. I know it won't change the balance, but that would be logical comparison and it will also show the "net" difference between limited pay and regular pay

[@LabourLawAdvisor]

Why do you want to even go ahead with limited pay in the first place? Please note that if you use my link and buy term plan with limited pay, i will get double referral income. I am still advising against this at the cost of my own referral revenue. Reason being, you don't actually save anything considering time value of money. You're paying more money out of your pocket at the cost of not investing the same for 10 years. One does this just to ensure peace of mind that they'll be done paying premiums after 10 years but that fear is not really logical. The inflation adjusted value of regular pay premium will keep on decreasing every year and paying that for entire policy duration won't be much of a deal, especially when you have more money coming in from investments. It's not about saving, it's putting your money to work and make more money. This is just my own opinion and i understand your opinion can be different.

[@thesousstore]

Awesome video...

[@akshaygupta2323]

If someone smokes and now he quits. So what should he select yes or no ?

[@MagicianSaransh]

I bought seeing your video 2 years ago

[@amritpratapsingh1964]

I took tata AIA without any add on Option1 - Life Promise LP + TI

[@SDFNI3894YR]

fantastic video

[@SatyamGupta-l2h]

You didn't mention LIC in top insurance company.It is a government company so personaly I have more trust on it then other private companies,whose motive is just profit.Any particular reason you didn't mention LIC?

[@prajjwalkumar_j]

Hey mandeep, is there any video like this for health insurance...

[@kiransav3431]

Mandeep Bhai, Can the porting option is available in term insurance or not

[@VishalSingh-ez3mk]

Sir ..etf me investment par apna opinion rakhiye

[@GyanaRanjanSahoo-n7d]

LLA IPO ..go for it ....

[@rahultailorofficial]

Sir, mene 1 cr ka term plan Kiya tha, but regular premium ki jagah 10 year limited premium le liya...kya me isko change kar sakta hu ? Please reply

[@Shamaate]

At 19:03, Many times upon buying vehicle insurance, it says it’s mandatory to have Accidental Death Benefit for insurers. Can we opt for that or should we buy accidental death coverage here along with term insurance?

[@LabourLawAdvisor]

Just buy that separately or whatever you can get it cheapest. If you buy this separately then Just click on "i already have this policy"

[@mohitsharma7206]

Bhaiya mene 30 lakh ka cover le liya Tata aia term insurance 780 premium bna hai.accidental rider aur Disability rider included hai. Shi hai kya

[@msbmri24]

Please make video on health insurance. Also include if someone wants to switch existing health insurance, what are the provisions?

[@pendkeomkar]

@LLA, one genuine question. Term insurance companies quotes very low inital premium amt. Once they conduct medical tests, they find ways to increase premium one way or other. What to do in such cases

[@shreem2804]

Usually this is done, when you have some health condition which increases chances of death early. Otherwise they can reject to give policy as well if chances are very high

[@amit.tech2015]

Can we take Bajaj Allianz terms insurance plan

[@shrik-lv2sg]

1 question he government term insurance pe GST revise karne ki soch rahe he to kya GST revise hone tak insurance ke liye rukna chahiye ya fir abhi lena chahiye? Aur agar GST revise hua to kya wo purne policy me bhi lagu higa ya sirf new policy me he?

[@kartikgoswami]

do you provide personal investment advice?

[@LabourLawAdvisor]

No

[@AbhijitDas-wo3bp]

Can we have multiple term insurance with different different companies

[@simplelifechahiye]

@team LLA and Mandeep ji, please let us know more about the 'What is Zero Cost Term Insurance?' where it is not an add on

[@alexstanley4684]

Can we buy term insurance from LIC? Is it a good option?

[@Ashish-ne4mw]

Yep , as the video is sponsored from policy bazaar ( means he's linked to policy bazaar hw cannot talk about LIC which is not associated with policy bazaar , which is fair ) Lic being the biggest and most trustworthy company it would be a no brainer to buy one form them The policies have been revised and the premium is same as of any other company My self insurance advisor , I'm 18 yrs old and my team has 40+ years experience, I can help you with the policy , which would make your decision easier

[@nipunmohonroy5925]

Hello Sir! Can you please make a video for health insurance?

[@deepaktomer077]

Hi mandeep I want to know if someone,at the time of buying policy does not smoke or drink, but after some years he starts drinking or smoking..in that case what would happen or what should he do??

[@hiranyakonwar3193]

agr income 5000 huto kese lunga? please explain me sir

[@sagnick5178]

Opportunity cost is calculated for 38 yrs for regular payment. For 10 yr payment, we can invest full premium in sip from 11th year till 38th year. So returns will be saving of 5 lakhs plus investment from 11th year

[@LabourLawAdvisor]

No. By having 5 lakh in your portfolio you will make exponentially higher returns during another 28 years. The savings of 5 lakh is coming at an opportunity cost of 5 lakh being invested. If you invest only after 11 year that too with 2500 per month, you can only imagine the loss

[@kratagyakasera]

I heard somewhere that the locking for ULIP policies are now only one year after October the IRDAI changes something ?? Is it true ??

[@TCFD1]

If one hasn't consumed tobacco in the past 3 months, are they eligible to register themselves as a non smoker?

[@LabourLawAdvisor]

No. You have to disclose this and ask company whether they can add you as a non smoker. But you have to disclose this for sure

[@Ashish-ne4mw]

If you are taking a big amount policy for example 1cr-2cr then the company will conduct a medical test so the report will decide if you are under smoker or non smoker

[@royshah2655]

Please make the same detailed health insurance video

[@chiragingale95]

Please make videos on how to convert our company health insurance to personal health insurance and take cool off period waiver in new health insurance policy

[@Adesh0108]

Thank u❤❤

[@indradeepkumar9026]

@LLA I took the option of paying limited pay ..and realised it as a mistake after 2 year. Can I change it to regular pay .?

[@abhijeetmishra7391]

Great video and always thanks to the LLA team ❤❤

[@someknowledge5314]

Agar it returns nahi bharte to bhi le sakte hai kya?

[@LabourLawAdvisor]

Salary slip honi chahiye with at least 2.5 lakh income.

[@TechnicalMahi]

Hi, maine already term plan liya hai , but maine usame maine erly premium payment rider leke rakha hai, mera 40 year ka term plan hai aur mera premium 20year ka hai, to kya main is term plan ko cancel Kar ke naya term plan lu. Please reply ❤

[@RahulJhafingerstylist]

Mandeep, please also talk about ACKO Insurance company. It looks good but not much information available

[@sachin9653]

I brought term insurance from Aegon (now Bandhan) 6 years ago, do i need to shift to other company or continue with the existing policy?

[@upalrooj9974]

Make a video on Perquisites Taxation for Bankers

[@manjitpawar1595]

Sir mara village ka pin code 124112 ha or es pin code par koya plane nahi ha , mara Jila ka pin code par Trem plant la shakta ha sir

[@biplobghosh3131]

I don't have ITR, can I buy one

[@zyx7955]

tmkoc plug-in was epic 😂😂😂😂

[@NewOne-t8q]

I wanna know about Acko Life insurance, it looks like too good to be true. Should I opt it??

[@narrajneerajj]

Sir main avi 35yr ka hun or avi tak main cigarette pita tha but ab main chhor rha hun...to kya mujhe usme yes karna hoga ya no

[@Ashish-ne4mw]

Usmai alag option bhi hota hai ki kitne waqt phele apne chodha (Mai LIC mai kaam krta hu tho mujhe uska pta hai )

[@vrushabhmore9398]

Thank u great video

[@Naitikpatel-cm7ng]

Sir the money received after death is it taxabil

[@n_3461]

Nice video

[@learnernitin7207]

Sir explain tata policy

[@rohitshriram5814]

Hey Mandeep, just a heads up, Policybazaar cannot offer any special discounts. It’s a mandate by IRDAI (Insurance Regulatory and Development Authority of India) that no insurance intermediary can provide discounts.