Re­view Your Plan Of­ten

Consumer Voice - - Bfsi -

While ex­perts be­lieve that 40 years of age is an in­flec­tion point in life in­sur­ance pur­chase cy­cle of an in­di­vid­ual, most of them agree that one should ideally re­view his life in­sur­ance needs ev­ery five years. Many times as peo­ple ad­vance in their ca­reers, in­come goes up and so does life­style. Also, events such as buy­ing a house funded by a home loan, mar­riage and child­births are typ­i­cal events that en­hance the need to buy more life in­sur­ance cover. Each time it may not be fea­si­ble to buy a new pol­icy.

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