Many people choose ₹50 lakh or ₹1 crore simply because someone suggested it. Your ideal cover should depend on your income, loans and family responsibilities.
Life Cover = 10–15× Annual Income If you earn ₹12 lakh a year, your cover may need to be around ₹1.2–1.8 crore.
Don't forget expenses your family may face: -Home loan -Children's education -Daily living costs -Future inflation Insurance should replace more than just your salary.
Increase your term cover when you: -Get married -Become a parent -Buy a house -Receive a major salary hike Your insurance should grow with your responsibilities.
The right term insurance cover is based on your financial responsibilities—not a fixed number. Review your protection before it's too late.
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