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How to Choose the Right Life Insurance Cover?
Policy Tenure: Pick a term that covers you till your dependents are financially independent.
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Step 4: Select an Appropriate Policy Term
The term of the policy should ideally be the number of years your family will be financially dependent on you. A simple way to calculate it is by subtracting your current age from your expected retirement age. For instance, if you are 30 and plan to retire at 60, you would need a 30-year term.