While there are five basic necessities of life – food, clothing, shelter, education and health – the sixth one, insurance, is slowly getting added to that list. Government is now offering multiple insurance schemes through banking channels and more employers too are joining the trend of protecting their employees financially by insuring them. Most of us buy the idea of life insurance, but do we have adequate life insurance? Though the younger generation is trying to catch up by purchasing term life insurance policies online, are they adequately insured? Let’s delve deeper into this.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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