The article discusses whether a 55-60 year or an 80-year term insurance cover is better. Experts suggest that 55-60 years is more practical as financial responsibilities like home loans and children's education are usually settled by then. Choosing cover up to age 80 significantly increases premiums by 50-70%. Saving that extra premium and investing it in SIPs or mutual funds can create a substantial corpus by retirement, providing better financial security than high-duration insurance.
https://www.dharitri.com/what-should-be-the-duration-of-a-term-insurance-plan-age-55-or-age-80/ #creator program


