Hi,
after experiencing half a dozen life insurance companies and reading negative mouthshut reviews on the company, I took the risk of applying to the company online term considering, Tata name, longest / cheapest life cover they offer in the industry cover till 80 years when national average life expectancy is 65 is really great and makes it worth buying. Note that no other company takes this risk of covering people till 80 years in our country.
Oh, when I checked with call center people, I experienced their poor knowledge on the product/long time taken even to understand to the question and negative attitude towards customers. But later I wrote to their E sales-support email id and been pleasantly surprised. Mr.Ronak is responsive, knowledgeable, intelligent sales guy happen to be my advisor and since then it was double pleasant surprises. Applied on 8th of Mar and 15th medical tests done without any fuss. 24th I was informed that my proposal was accepted at normal rate and 29th received policy documents at home!
Note that my birthday is 3rd April and I got policy today and premium as per existing age for next 40 years, literally premium was as on last year! Aegon Religare loaded me 70% more due to my open heart surgery history, higher lipids levels, partial hearing loss in both ears, mild essential tremor history. But Tata given cover at normal rate which shows their excellent underwriting policy and superior quality of reinsurer partner which understands the total strength of a person and not just medical test report numbers. Excellent TAT that too with march year end pressure/holi holidays and my kind of so so healthy person’s proposal! .
I am really happy and my experience is wonderful in every parameter, which I wanted to share with every prospective buyer so that you can make right decisions and trust TATA name. you won’t be disappointed.
Advise insurance company to provide useful add on covers like critical illness/accidental death and disability.etc ( like Aviva) so that your product will be irresistible and best in industry. Make it available to existing policy holder upon additional premium as and when you introduce it so that relationship will be maintained lifelong and win/win ( like Aegon done it 2 years back) . Don’t make it only for future customers, so that people who trusted you early won’t be betrayed.