Most people don’t think about life insurance until they have a family.
But suppose you’re the primary breadwinner in your household. In that case, it’s crucial to have a term life insurance policy to provide financial security for your loved ones if something happens to you.
There are a few things to consider when choosing a term life insurance policy:
This will depend on your income and the number of dependents you have. A good rule of thumb is purchasing a policy worth 10-12 times your annual salary.
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