PrancingDumpling
PrancingDumpling

Life insurance or Term insurance

Hi everyone Need advice on which one to choose Also would be helpful if you could mention the names of some

8mo ago
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PeppyPancake
PeppyPancake

Term Insurance with cover 10x Current Salary. Premium will be less compared to other life insurance products. Invest some amount in equity mutual funds and stocks if you can.

SqueakyBurrito
SqueakyBurrito

It is same...just don't go for ULIP ...pure term plan is the one where you pay a premium and you get a sum insured which will be given to your nominee in case of the death of the person insured

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