Don't Buy Insufficient Term Insurance Cover - Biggest and Costliest Mistake while buying Term Ins
MyFair Policy
2020-01-21
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The biggest and costliest people do at the time of purchasing the term insurance policy is choosing a lower sum assured just to keep premium amount low or they don't know how to select the right sum assured.
#TermInsuranceCover #TermInsurance #TermInsurancePolicy
Well, everyone might talk about a 1 crore term is cool to buy, but will 1 crore be enough after 20 years from now? Many people fail to consider our lifestyle, spending habits, our liabilities such as home loans, car loans, other personal loans, and not to forget the inflation which is growing on an average of 6% to 7% every year.
Moreover, we should also consider future expenses like children’s education, marriage and retirement needs of the spouse while choosing the appropriate sum assured
For more details visit us on: http://myfairpolicy.com/
youtube: https://www.youtube.com/channel/UCkXQBz7h9cF-gZiYKR_bj7Q
#TermInsuranceCover #TermInsurance #TermInsurancePolicy
Well, everyone might talk about a 1 crore term is cool to buy, but will 1 crore be enough after 20 years from now? Many people fail to consider our lifestyle, spending habits, our liabilities such as home loans, car loans, other personal loans, and not to forget the inflation which is growing on an average of 6% to 7% every year.
Moreover, we should also consider future expenses like children’s education, marriage and retirement needs of the spouse while choosing the appropriate sum assured
For more details visit us on: http://myfairpolicy.com/
youtube: https://www.youtube.com/channel/UCkXQBz7h9cF-gZiYKR_bj7Q
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