What is the difference between life insurance and term insurance? first understand then decide
Term Insurance Plan means basic life insurance policy without fancy features. These plans provide financial security to the policy holder's family in case any untoward incident happens. Now this plan has become a basic financial need of everyone's life. Therefore, no matter what age group you are in, no matter what your financial condition is, if you have a term insurance plan, your financial worries are definitely reduced. Life and health insurance are among the most important aspects of financial planning, and here too financial experts recommend that the sooner a term insurance plan is taken after you start earning, the better. There are several reasons for this: Your premium is fixed at the age you buy your policy, which remains the same throughout your life. Every year with increasing age, the premium of a life insurance policy increases by 4 to 8%, so it is better to take the policy early and lock the premium. If the policy holder has any disease, h