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How to choose the 
right life insurance coverage?

Term life insurance is a form of coverage to provide financial security for dependents in the event of the policyholder's death.

To determine adequate coverage, assess monthly expenses and any outstanding debt, account for important life events, and manage money for retirement.

Calculate the future value of your child's education and marriage for appropriate coverage.

Consider the value of current investments and deduct them from life insurance coverage requirements. 

Age and wealth should also be taken into account when calculating term insurance needs. 

Calculating life insurance coverage should not be limited to assessing investments and liabilities. 

Awareness of future expenses is also essential in determining coverage needs. 

Assess 10-15 times annual expenses for adequate coverage.

Click here to know more about life insurance coverage. 


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How to choose the  right life insurance coverage?

Check how much money your family needs every month to sail through life smoothly. It is generally advised to provide coverage equal to 10-15 times the annual expenses.

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How to choose the right life insurance coverage?

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