You may enquire before choosing your insurance company so as not to get betrayed by them on any event of the company’s closure. Some good insurance companies provide refund in such cases.

#3 Best Insurance Cover: What will be the best insurance cover? This is a biggest question for any insurance buyers.

The life insurance cover should generate enough income that can take care of the expenses at a sudden change of events into critical situations.

If you have debts other than insurance or mortgage add them all and ensure that they all can be paid off at any uncertain situation. 

#4 Age Factor: Your present age will be the most important factor to be considered while approaching to get an insurance policy. The premium rates go up with the increasing age of the insurance.

 So, it’s wise to buy more insurance at younger age rather than at an older age. You must be honest regarding your age in your application otherwise it may hamper your application.

#5 A Medical Test Is A Must: While buying a life insurance you are supposed to undergo a number of medical tests. It is important that you do your medical test as it will be a benefit for you.

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