Saturday, July 19, 2025

Why You Should Take Term Insurance as Early as Possible

 

🕒 Why You Should Take Term Insurance as Early as Possible

...and What Actual Benefits You Get 👇


1. Lower Premiums

The earlier you buy, the cheaper it is.
At 25 years: ₹500/month
At 35 years: ₹1,000+/month

Premiums are locked for life. Delay = Pay more.


2. High Eligibility for Coverage

When you’re young and healthy, insurers offer higher cover with fewer medical checks.


3. Future-Proofing Family Security

Accidents, illness, or sudden death can happen anytime. Early coverage protects your family from day one.


4. Financial Discipline

Buying early builds a protection mindset in your financial planning — just like SIPs.


5. Tax Savings

Premiums qualify for tax deduction under Section 80C, reducing your taxable income.


6. Peace of Mind for Decades

A ₹1 crore cover ensures your family won’t struggle financially — no matter what happens.


7. No Dependence on Employer Insurance

Job changes can cancel employer insurance. Term plan = your permanent safety net.


In short:
📌 Buy early, pay less, stay covered longer.
That’s how you get the most value from term insurance.


for more information Contact - 7737726236

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