Term Insurance Plans in India – Quick Review

Yesterday I saw a TV commercial where Irfan Khan is trying to protect a hassled man from getting drenched in rain with a tiny umbrella. The advertisement mocks our habit of taking insurance cover for far lesser than what we should actually have. With increasing cost of living and greater financial liability of individuals, it is evident most of us need to insure self and family to far greater extent than we presently do…lest we might get drenched in hour of need. Surprising, contrary to popular believe, Term Insurance is not an expensive proposition with TERM INSURANCE PLANS. Typically for a cover of INR 50 Lakhs, yearly premium works out to as less as INR 10000! Continue reading “Term Insurance Plans in India – Quick Review”