scorecardresearchLife insurance: How to choose the right term?

Life insurance: How to choose the right term?

Updated: 12 Jul 2022, 11:15 AM IST
TL;DR.
Term life insurance is a product that pays out a lump-sum amount to dependents of income earner post his demise. We are going to discuss about choosing the policy term & premium paying term of term life insurance.
Customers should choose a life insurance policy depending on the amount of coverage and perks it offers.

Customers should choose a life insurance policy depending on the amount of coverage and perks it offers.