Investing in a life insurance policy is perhaps one of the smartest investments one can make, offering financial security against multiple scenarios. Given that he had no health insurance policy , he had to dig into his savings to pay for the treatments. Raj made the mistake of miscalculating his insurance cover. Life insurance policy is expected to alleviate tensions about the future. Choosing the right sum assured is extremely crucial in order for the plan to do justice to expectations.

Source: Economic Times December 07, 2017 12:45 UTC