5 Questions To Ask Before Buying A Term Insurance Plan - Issuu

Narendra Singh26 Nov, 2021Finance

The uncertain times of COVID-19 have not only sent waves of panic in the entire world but have also acted as a reminder that many of us, most of the times, risk being financially unprepared to deal with a catastrophe. We can however avert unwanted outcomes by buying a term insurance and to use it as a safety net against different unforeseen circumstances. Buying a term insurance plan is also a great and affordable way to be sufficiently covered since this insurance can provide substantial life protection at an economical cost. A term insurance stands to be a basic policy that is limited to providing complete protection with no investment or savings element. On the other hand, a whole life insurance plan can come with cash value.