What we see as the the premium for the Term Plan is not the actual premium when you a Policy. The underwriter of the Insuarance company will put a load on the premium which may go more than 40% even for a healthy person. You will start wondering what is wrong with your health / life style to justify such a high load. If the Insurance company is honest and transparent, then it should publish the data about the number of Policy issued with standard premium and the number of Policy issued with a load on premium for each age group. Once you see that data you will realise that what is officially proclaimed as lowest rate of premium among the term Policy of the diferent company is not actually so.
