Term insurance: Creating a higher cover

Fabien Jeudy, chief actuarial officer and appointed actuary, Birla Sun Life Insurance Co Ltd, spoke with Abhay Rao of The Financial Express about the life insurance industries various intricricies, what policy buyers should be aware about and how can one effectively use this industry to safegaurd their futures. Excerpts: and#149; Why is term insurance important? What are the essential points which one must keep in mind while taking a term insurance? Every one wants the comfort of knowing that the ones they love are financially protected, if the unthinkable may happen to them. Term insurance is the type of insurance ...

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