When you hear the word ‘insurance’, your mind often thinks about products such as home, car, health, and term insurance. However, being an integral part of financial planning, insurance is way beyond these surface-level solutions that can be easily found with a little bit of research.

On purchasing a life insurance plan, you gain a payout in case of any unforeseen incident based on the conditions offered in the contract by the company. Therefore, you need to make sure that you know everything about the insurance plan you’re willing to purchase.

If you haven’t researched any insurance plans till now, here’s a good starting point for you.…