Ditto is doing a pretty great job in my opinion however where I feel the disadvantage that ditto has currently that it doesn't have a app to kind of get a quote , go through some policies , or track a purchased insurance policy from the app . Hope ditto soon develops an app ( Android and IOS ) soon and then it will become at par with it's competitors. That's just my take and an honest feedback
I dont agree with Salary multiplier while deciding cover. It should ideally be based on your lifestyle/annual spend. I mean there are people who earn 50LPA but are pretty frugal and spend let's say ~10LPA(that's not stingy by any strect of imagination btw) for sustenance. 25 times for them is 50*25= 12.5cr which sounds like what you said 'over-insuring' but instead 10L(expenditure)*25 = 2.5cr makes more sense IMO.
It's a nice choice for real, if u r diagnosed with a critical illness u get a fixed amount which u can use to pay ur medical bills(above health insurance )or support ur family
Hi Yogesh, We have a video coming on this exact topic very soon. Stay tuned. Until then, our advisors can help with your queries for FREE. Book a call with this link - bit.ly/49ij1V0
We don't usually recommend ULIP plans. At Ditto we strictly believe in keeping investments and insurance separate. In case you want to book a new term insurance plan, we can help you. Book a call with us now. Link in the description.
About the accidental death add-on, considering the roads, following of traffic rules, accident rates, wouldn't it be wase to take the add on if they are paying over and above?
No the accidental death add-on doesn't make much sense compared to other add-ons it just gives ur family extra money which is very less, on ur death only, compared to the sum insured it's a small percentage, Critical Illness and Waiver of Premium on Critical Illness make more sense than this
What if salary reduces at the time of death.. let us say a person getting 10LPA. but after some time he is getting 7LPA and he dies. does the company will pay only 25x of salary (7LPA) or 25x at the time of taking policy
Hello I think there is a slight confusion here. The term insurance company decides the maximum cover based on your current salary. They have their own guidelines on how they decide this maximum cap. Once you they do this, you can choose a cover that you're comfortable with subject to the maximum cap set by the insurance company. Once you decide the amount the insurance company cannot change the cover or other terms of agreement. So on death you will receive the full cover you originally bought.
You can certainly get a Term Insurance, but considering the age you are buying the policy can attract higher premiums. If you would like to know more, then please book a FREE call with us by clicking here bit.ly/49ij1V0
Ditto is doing a pretty great job in my opinion however where I feel the disadvantage that ditto has currently that it doesn't have a app to kind of get a quote , go through some policies , or track a purchased insurance policy from the app . Hope ditto soon develops an app ( Android and IOS ) soon and then it will become at par with it's competitors. That's just my take and an honest feedback
Thank you so much for the feedback. We will make sure we relay this to the management !
This is what you call a customer first company than how other insurance brokers like policy bazaar behave.. Keep up the good work Ditto. 🙌🏻
Thank you!
I really appreciate Sushant’s approach
Thank you so much!
I dont agree with Salary multiplier while deciding cover. It should ideally be based on your lifestyle/annual spend.
I mean there are people who earn 50LPA but are pretty frugal and spend let's say ~10LPA(that's not stingy by any strect of imagination btw) for sustenance. 25 times for them is 50*25= 12.5cr which sounds like what you said 'over-insuring' but instead 10L(expenditure)*25 = 2.5cr makes more sense IMO.
We completely agree. This is why our advisors use NPV calculations after taking into account your expenses before recommending a cover.
very nice Sir. Disclosing LIC policies is understood. But I want to know is it necessary to disclose about Heath Insurance ?
Hi Team, Could you please provide your insights on whether opting for "Critical Illness Benefit" as a rider option is a wise choice or not?
It's a nice choice for real, if u r diagnosed with a critical illness u get a fixed amount which u can use to pay ur medical bills(above health insurance )or support ur family
I wish I knew ditto while buying my term life insurance !
Hey please make a video on saral jeevan bima. As your team will help for buying normal insurance but who will help for people who are not eligible
You're right. This is something that we will do right away. Thanks for the suggestion.
I forgot not disclosed my lic insurance policy,then term insurance policy buying timec now what's problem face,now what to do
Great work guys.
Clearly explained. Thank you ditto
Make video of Bajaj Allianz smart protection goal
Good Job ditto, loved the way yourl are discussing on answerung all questions which a buyer has in his mind.
Which riders one should add ? If one wants to add the minimum and most important riders only
Hi Yogesh,
We have a video coming on this exact topic very soon. Stay tuned. Until then, our advisors can help with your queries for FREE. Book a call with this link - bit.ly/49ij1V0
Not a Singal point is viable, watching this video wasteg of time,
You should discuss about reason of claim rejection
I have 2 ULIP Plan 1lakh each
HDFC Pro Growth Plus
Sampoorna Nivesh
Should I continue?
We don't usually recommend ULIP plans. At Ditto we strictly believe in keeping investments and insurance separate. In case you want to book a new term insurance plan, we can help you. Book a call with us now. Link in the description.
About the accidental death add-on, considering the roads, following of traffic rules, accident rates, wouldn't it be wase to take the add on if they are paying over and above?
No the accidental death add-on doesn't make much sense compared to other add-ons it just gives ur family extra money which is very less, on ur death only, compared to the sum insured it's a small percentage, Critical Illness and Waiver of Premium on Critical Illness make more sense than this
What if salary reduces at the time of death.. let us say a person getting 10LPA. but after some time he is getting 7LPA and he dies. does the company will pay only 25x of salary (7LPA) or 25x at the time of taking policy
Hello
I think there is a slight confusion here. The term insurance company decides the maximum cover based on your current salary. They have their own guidelines on how they decide this maximum cap. Once you they do this, you can choose a cover that you're comfortable with subject to the maximum cap set by the insurance company. Once you decide the amount the insurance company cannot change the cover or other terms of agreement. So on death you will receive the full cover you originally bought.
@@dittoinsurance Thanks
Thank you for answering 🙌🏻
At the age of 45 with annual income 7lakh can buy???
You can certainly get a Term Insurance, but considering the age you are buying the policy can attract higher premiums. If you would like to know more, then please book a FREE call with us by clicking here bit.ly/49ij1V0
the interviewer is talking too much.. let the guest speak..dont just keep repeating and explaning what the guest is talking...
Instant mood boost!
Thank you :)