How Much Term Life Insurance Cover Do I Need? & How to Calculate it
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Satishwar B of Bandhan Life explains his formula to understand how much term insurance a person requires. Sarbvir Singh of PB Fintech says the ideal term insurance coverage for those below 40 years of age would be about 20x the annual income; While for those above 40, the multiple is ideally 10-15x the annual income. #PBFintech #Lifeinsurance #Investment #Benefits #Finance #cnbctv18digital | CNBC-TV18
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FacebookCNBC-TV18
How Much Term Insurance Do You REALLY Need? Don’t just guess your cover – calculate it smartly! ✔️ Step 1: Add up future expenses – loans, kids’ education, household needs ✔️ Step 2: Subtract existing assets – savings, investments, other insurance ✔️ Step 3: Choose a cover = 10-15X your annual income (so your family stays secure) 👨‍👩‍👧 Protect your family’s lifestyle – not just their future. 🖱️ Click the link in bio & get in touch with oneisure expert now! [term, health, motor, insurance, on
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