Life Insurance: Tips in Choosing the Best Insurance Policy For You

5. Choose a reputable life insurance provider.

It is important to make sure that you will be signing with an insurance company that has maintained a good name not just for years but for decades already. Get some reviews from people who have signed into insurance policies of the same kind that you want to apply for.

Based on ICICI Prudential, a life insurance firm is generally considered reliable if it has a Claim Settlement Ratio (CSR) of over 95%.