π‘οΈ Life Insurance and Term Plans
Why life insurance matters, how much cover a family needs, how term plans work, and why the nominee matters.
0 of 4 lessons done
- Why life insurance?
- How much cover is enough? Β· tool
- Term plans and savings plans
- Nominee and family records
Start the courseTake the 5-question quiz
What you will learn
- Life insurance replaces income if the earning member is not there
- A common guide: cover of 10 to 15 times yearly income, plus loans
- Term plans give large cover at a low premium
- Buy when young and healthy; disclose everything honestly
- Keep the nominee updated
π€ Send to family on WhatsAppπ¨οΈ One-page handout
π Talk to an expert
Not sure how much life cover your family needs? Get a free review with our team.
βοΈ This content is for general education and awareness only. It is not a recommendation to buy any product. Please speak to us for guidance on your own situation. Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure / policy wording carefully before concluding a sale. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance is not indicative of future returns. Tax benefits are as per prevailing tax laws, which are subject to change. We are insurance agents / mutual fund distributors. For mutual funds we offer guidance as a distributor and do not charge advisory fees. IRDAI / AMFI registration details to be added.
