If you are the primary earning member of the family, then you would have financial dependents. The best way to ensure that your dependents continue to live a financially stable life even in your absence is to opt for a term insurance plan. What is the meaning of term insurance? It is a protection plan that offers coverage for a limited term in return for regular premium payments. If a tragic event occurs with the policyholder within the covered term, the family can receive the sum assured. One aspect that…
Read MoreWhat Is the Ideal Tenure for A Term Insurance Policy?
