Highlights

  • Avoid mixing investments and insurance: Nisha Sanghavi

  • Younger you are when you buy life a term plan, the lower is the premium

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Invest Smart: All you need to know about buying a life insurance policy

In this episode, Certified financial planner Nisha Sanghvi explains the importance of investing in a life insurance policy. 

Invest Smart: All you need to know about buying a life insurance policy

Life insurance is one of the most important aspects of financial planning.

In this episode, Certified financial planner Nisha Sanghvi explains the importance of investing in a life insurance policy.

Sanghavi recommends opting for a term insurance policy as it is the simplest and cheapest form of a life insurance policy. With any policy where you get any kind of a return, the premium goes up.
Its also best not to mix insurance and investments, she adds.

Another important factor to consider is that the younger you are when you buy a life insurance policy, the lower is the premium amount.

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