How Much Term Insurance Is Enough?

Many people in India choose term insurance amounts like ₹50 lakh or ₹1 crore because they seem like big numbers.

But experts say these amounts might not be enough to support families if something happens to the breadwinner.

Term insurance should replace income for many years, covering daily expenses, education, housing, and medical costs.

People often forget about inflation, which makes money worth less over time.

The right amount of insurance changes as life changes, like getting married or having kids.

It's important to check and update insurance coverage regularly to make sure it's enough.