9. Offline/ Online

Time is another word for money now a days and everybody wants to save time. Searching for quotes and rates for an online insurance over the internet is an easy and timesaving way to speculate the market. But there are few risks which one might face as the quotes may vastly vary and can be uncertain at times. On the flip side your financial advisor may take some more money from you but you have a service to reach out when you need it. But if you are ok with an online insurance then go for it.

10. Adding riders

Last but not the least you should add a rider in your insurance policy. Many insurers provide various riders such as accident, premium waivers, and critical illness. You choose the most applicable for you and your family. And most importantly you must carefully read the fine print before taking the product and do take the advantage of the free look provided to you by your insurer generally posted within 15 days.