Watch This Before Buying Term Insurance – 5 Mistake Everyone Make

Summary This blog discusses the top 5 mistakes people make while taking term insurance, including inadequate coverage, delaying the purchase, not opting for riders, and providing incorrect information. Highlights Financial mismanagement can occur if people do not know what to do with a lump sum payout from a term insurance policy. Starting a term insurance policy early can result in lower premiums compared to starting later in life. Adjusting the sum assured for inflation ensures adequate coverage over time. Opting for riders, such as critical illness coverage, provides additional benefits to the policyholder’s family. Disclosing all pre-existing ailments is important to ensure smooth claim settlement. Hey folks!!! I am here and I welcome you all to a very very important video wherein we are going to discuss the top 5 mistakes that people make while taking a Term Insurance. Now why did I do this … Read more