Anyone whose income supports others, including loan repayments and children’s goals.
Think of it like a fire policy on your home: you pay for protection, not for a return. Return-of-premium variants exist but cost more.
It depends on age, health, smoking, term and cover. We provide personalised quotes from suitable insurers.
Both are possible. We can help you compare and complete the process in either way.
Cover ends after the grace period, and there is usually no payout since term plans have no surrender value in most cases.
Premiums may qualify for Section 80C (old regime) and death proceeds are generally tax-free under Section 10(10D). Verify current rules.
Yes. Premiums for women are often lower, and the Married Women’s Property Act option can protect proceeds for wife and children.
The percentage of claims an insurer paid out of those received in a year. Look at it alongside amount-based ratios and time taken.