Choosing the right Term Insurance cover is one of the most important financial decisions for your family.

A simple rule many financial advisors use is:

Annual Income × 15 to 20

For example:

• ₹5 lakh yearly income → ₹75 lakh to ₹1 crore cover
• ₹10 lakh yearly income → ₹1.5 to ₹2 crore cover

But income alone is not enough. You should also include:

• Home loan or other EMIs
• Children’s future education costs
• Family monthly expenses
• Medical and lifestyle needs

Families in Hyderabad often underestimate how much protection they actually need.

Buying Term Insurance early helps you get:

• Lower premiums
• Better eligibility
• Long-term financial protection

The goal of Term Insurance is simple — ensuring your family remains financially stable even if life takes an unexpected turn.

Need Guidance?

KG Finvest

IRDAI Licensed Insurance Advisor | URN: ABLI1701250261 | Partnered with KG Finvest
MFD, ARN 301473