Here is a Simple Life Insurance Guide-
1) Buy a term Plan, avoid fancy plans.
2) Get a coverage of 20X ur annual income.
3) Take 2 add ons - Disablement and Critical illness
4) choose 5% coverage auto upgrade each year, if available.
Cont below 👇
1) Buy a term Plan, avoid fancy plans.
2) Get a coverage of 20X ur annual income.
3) Take 2 add ons - Disablement and Critical illness
4) choose 5% coverage auto upgrade each year, if available.
Cont below 👇
5. Buy Young (it freezes low premium for life)
6. Only Buy for earning members of the family.
7. Buy till the age of 65-70 (by when kids start earning)
8. Buy from a company that has good % claim settled ratio
Visit recipe.finology.in to get ur holistic Financial plan.
6. Only Buy for earning members of the family.
7. Buy till the age of 65-70 (by when kids start earning)
8. Buy from a company that has good % claim settled ratio
Visit recipe.finology.in to get ur holistic Financial plan.
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