Answer by Sai Kiran:
Guess why didchange its name to FREEBASICS in India? what if I tell you the reason is that world makes fun of India calling it a thrid world country which runs behind freebies and discounts.So you want a Life insurance or Accidental insurance without paying anything? Do you know how many people are paying taxes properly and how many are not paying anything but get crores in subsidies and freebies in India?Why should everything be given on subisdy or free? Cant you work for that? Seriously, unless we stop doing that we keep on electing politicians who are corrupt but provide free TVs, and we get cheated by corporates. And we throw economy of India to hell.So INR330 per year is so huge for you ? What was the phone recharge bill of yours last year? Are your recharges more important? Know to sort out your priorities. And Narendra Modi doesnt own those policies or get anything from them. 342 per year for your loved ones is nothing.Life-330Accidental-12Total-342If you know some basic math 1Re per day is also enough to pay your premium per year with some money left to compensate for next year. Even a beggar can do that. Stop seeing everything with hatred what ever is done by Modi and blow it out of proportion, keep calm and blow some sense into it.If people want everything for free, they have to work hard, earn crores and pay crores in taxes. And demand freebies from government.If you dont like working hard atleast work smart and earn, pay your 342 per annum and get yourself covered.