How long should be the duration of your term plan?
In order to ensure protection of your family, you must pick an optimal policy duration of your term plan.
There are several aspects that need to be looked at while selecting a term. You can start with your age. The younger you are, the longer the period you need protection for and vice versa. Your gender too plays a crucial role here, as women generally live longer than men1. Similarly, your lifestyle habits, the ages of your dependents, etc. also decide the length of your policy term