If 2020 has taught us anything, it is that there are many events that are out of our control, some of them potentially expensive. That’s why insurance exists — to offer financial support when disaster strikes.
If you’re reading this article, you’re probably already in the midst of deciding on an insurance policy. With so many types of term life insurance in the market, it can get pretty confusing at times. And if you find your mind a dazing blank even after that “catch up” session with your insurance friend, you might want to consider these factors before deciding if that term plan is suitable for your needs.
Insurance has become more important than ever these days, in light of the Covid-19 pandemic, global economic doom and gloom, and all the bad things that have happened in 2020, sending people scrambling to find some measure of protection.