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  • News From Press Your Money: Term cover for women cheaper, homemakers now picking up independent term insurance plans

    Your Money: Term cover for women cheaper, homemakers now picking up independent term insurance plans

    Source: Financial Express Jan 22, 2024

    The Indian insurance industry has taken significant steps in recent years to enhance the accessibility and affordability of term insurance for women. Tailored solutions are continuously being developed to address the diverse needs of both homemakers as well as working women effectively.As homemakers add financial value to their households and the future of their dependents need to be secured, independent term plans are a big safety net for them. Historically, homemakers relied on their spouse’s financial standing for a life cover, often resulting in inadequate coverage.

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