How much premium you will have to pay for a Rs 1-cr term insurance plan?
financialexpress.comThe popularity of insurance has increased more now than ever, especially due to the pandemic, which people believe has exposed our vulnerabilities. Therefore to cope up with the situation, experts say getting insured with an adequate amount is one of the most important financial steps one should take, be it health insurance or life insurance.
Hence, while opting for a life insurance policy, make sure you have opted for an adequate cover. However, experts say, the adequate amount differs from person to person. For instance, depending on your financial commitments, income, dependents, the amount is decided. The rule with life insurance is to have a life cover worth at least 10 times one’s current annual income. Having said that, one can always
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