Beginner· 6 min
Insurance Guide
Why insurance matters and how to choose term and health cover without overpaying.
🛡
Insurance is protection, not investment
The job of insurance is to protect your family from financial shock, not to grow your money. Keep the two goals separate.
Term life insurance
The cheapest, simplest life cover. For a low premium you get a large payout if something happens to you. Essential if others depend on your income.
Health insurance
Medical costs can wipe out savings in days. A health policy of at least five lakh for your family is a basic must-have.
Avoid mixed products
Plans that combine insurance and investment usually give weak returns and thin cover. Buy term insurance and invest separately.
⚠️ Educational information only — not investment, tax or financial advice.