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18 Jul 2026 · Mukul Tak

Why Every Family Needs Term Insurance

Term insurance is pure protection: for a small annual premium, your family receives a large sum if something happens to you. It is the foundation of any sound financial plan.

Why term insurance first?

Before investing, secure your family income. A term plan replaces years of your earnings so your loved ones can maintain their lifestyle, repay loans and fund goals like education.

How much cover do you need?

A good rule of thumb is 10 to 15 times your annual income, plus any outstanding loans.

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