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by Suda Bhanu Prasad
Life Insurance

Term Insurance – Why you should not buy 1 crore Policy?

People are asking me about life insurance requirement etc. One of the regular they ask is term insurance for 1 crore policy is a good idea or not. Why people always ask about 1 crore life term insurance. There seems to be some mental blocking. Here, in this article I will explain the reason behind this. Unable to Calculate the term insurance required… People really do not know the life insurance coverage that they need to take. I will explain in a simple way. There are two methods that planners like me will follow to advise life insurance requirement to …

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