Should I continue with life insurance plans?2 min read 09 Apr 2023, 11:46 PM IST
A top-up plan can be purchased any time during the year, with deductibles applied on each claim or based on aggregate claims. Consider enhancing the sum assured in existing plans and insurers may offer this without fresh medical underwriting.
I have been purchasing health and life insurance policies for the last many years just to save on taxes. I have never made any claims from my health policy so far. Currently, I have seven life insurance policies. Do I need to continue with them?