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Term Insurance is the best way to provide the cover for one’s life. Currently there are lot of Term Insurance plans available in the market and the premium is getting cheaper, thanks for the competition.
I talk to people and ask them whether they have term insurance or not and in reply I got different-different answers. Some say they do have term insurance (very few), some say they have endowment policy and ULIP and some say they do not have but they are planning to purchase.
This post first appeared on Finance Bandhu, please read the originial post: here