Should homemakers buy a term plan? Here’s why their unpaid work has real financial value

[IndiaInsurance]

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint.

More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/should-homemakers-buy-a-term-plan-heres-why-their-unpaid-work-has-real-financial-value/articleshow/133784495.cms)