In such a situation, a term insurance is the only financial instrument that can come to one’s rescue. It is the most basic and cheapest form of life insurance meant to provide financial protection to the family. It provides a high life cover at a low cost. If you have a home loan, it is highly recommended by all financial planners to have a term insurance cover.
Read more at:
http://economictimes.indiatimes.com/articleshow/56872001.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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