BUSINESS
Should you revive your old term insurance policy or buy a new one?
The best option is always to ensure that your policy remains active and the premiums are paid on time. If, for some reason, your policy lapses, get yourself covered again as soon as possible.
BUSINESS
Add disease and disability riders to strengthen your term insurance cover
What if you end up becoming disabled at 35, but stay alive until 65? A disability rider would help in such cases.
BUSINESS
Term insurance: Ensure sum assured covers loans and future expenses
It is recommended that you have a coverage of 10-15 times your annual income. But your liabilities, current and future expenses, are the main factors that you must take into account while calculating the term cover amount.
