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How to select the best term life insurance plan for you




We have discussed a number of times on our blogs that term insurance is the best form of life insurance. It is a straightforward protection policy and the premium is much less than life insurance cum savings products. With a term life insurance plan you can get the optimal life cover and generate sufficient investible surplus to meet your long term financial goals.  Once you have decided on buying a term life insurance, you should know that half the battle to provide financial security to your family in the event of an untimely death is won. In this blog we will discuss how to select the best term plan. You should go about the process of buying term insurance in a very methodical way and if you engage an experienced certified financial planner your job will be that much easier. There are 5 broad steps involved in buying the right term life insurance policy.

 



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