Term Insurance

What is the ideal term insurance coverage amount?

I am 30 years old with a family of 4. What should be my ideal term insurance coverage? How do I calculate it?

#term #coverage #calculation

8

151 4 6 years ago

Asked by rajesh_kumar (65 rep)

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4 Answers

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Yes, you should definitely opt for this. It provides a safety net for your family in your absence. (Reference: 2563)

1

6 years ago

ADVISOR Pooja Agarwal (68 rep)

Make sure to pay premiums annually to get some discount.

7

6 years ago

ananya_gupta ( 37 rep)

I suggest checking policybazaar for comparing premiums.

3

6 years ago

rohit_verma ( 25 rep)

Make sure to pay premiums annually to get some discount.

0

6 years ago

arjun_mehta ( 15 rep)