News > Boost your term insurance cover regularly: Pros and cons
Boost your term insurance cover regularly: Pros and cons
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02/04/2024 09:41 PM | Click to read full article
Considering inflation and rising living standards, buying a term insurance plan that takes care of it is advisable. Since term insurance is pure risk cover, it is generally cheaper than other life insurance products. Boosting term insurance can lead to increased financial security for loved ones and ensure that they have adequate funds to fulfil their expenses. It provides an ability to adjust as per different life stages that an individual goes through.