News From Press Term insurance: A delay in buying can cost you dearly

Term insurance: A delay in buying can cost you dearly

Source: Moneycontrol May 4, 2024

Do you need to buy term insurance in your 50s or 60s? In an ideal world, a savvy individual at the age of 50 would have either achieved financial independence or be well on track to achieving key financial goals. Health and life insurance: Check. A good corpus: Check. Funds for children’s higher education: Check. Debts paid: Check.All this sounds good, but it isn’t always the case.

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