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Friday, August 24, 2007
India: Insurance cover should be 20 times one’s current income
The need for buying an insurance policy not only differs among individuals, but also varies with people’s lifestage. The insurance needs of a working executive when he is in his early days of employment (and not yet married) are different from his needs when he is middle-aged and married with children. It is, therefore, important that the individual evaluates his insurance need, considering his lifestage, following which he can arrive at a suitable protection and investment mix, and tenure. Read more...posted by Charles Monat Associates at 8:54 AM
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