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Why Term Insurance Matters

Understanding why term insurance is essential protection for your family.

4 min read

Why Term Insurance Matters

If you have dependents, term insurance is non-negotiable financial protection. For ₹1 crore cover, young professionals pay just ₹200-300/month.

Quick Facts

  • 70% of Indians are under-insured
  • Average need: ₹1+ crore, average cover: ₹10 lakh
  • Cheapest at age 25-30—delay increases cost by 10% per year
  • Buy 40-year term when young to lock in low rates

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