Life insurance cover offers more than death benefits; here is how to gain
It is a myth that life insurance provides only death benefits, conversely; it is much more than that. Life insurance is a risk protection vehicle through which people can insure themselves against the inability to work, set aside money for retirement or protect themselves against the loss of their assets.
India’s life insurance penetration is comparable to Asian peers at 2.8% of GDP, as the protection gap is alarmingly high at 92%. Image source: PTI