DearbSir,
please suggest about term insurance
if a person have montly income 27000/- how much amounts he wants for term insurance so that it will pay easily yearly installment.
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Term insurance personal advise
Replies (3)
The maximum term insurance coverage eligibility ranges from 10 to 15 times your annual income. Thus, if your income is Rs 4 lakhs per year you can avail of a term insurance cover of Rs 40 lakhs to 50 lakhs..
Thank you very much Sir, Thank you
My pleasure.
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