back arrow Back

When is the best time to buy a term insurance?

reply Share
12 Jul, 2022 by  Piyush Agarwal

When is the best time to buy a term insurance?

like like
Term Life Insurance

2 Answer

12 Jul, 2022
connect with advisor

Dear Piyush,

The best time to buy insurance is when you know you have liabilities to take care off or you have dependents who are dependent on your income. For e.g. if your parents in their retirement years will be dependent on your income or your spouse if her future needs will be dependent you income.

One has to understand that for a corpus to be created it takes time not few weeks or months but a decade or two. A Term plan in the meanwhile will offer protection if incase unfortunate event happens.

Try using Beshak's TruMatch Tool to understand if you need a term plan if you need one what should be the sum insured.

I hope you question is answered.


Rohit Dhingra

like like
icon-comment 0 Comments
icon-reply Reply
icon-comment 0 Comments
icon-reply Reply

Tired of dealing with call centers!

Get a professional advisor for life!

Rs. 1799


Lifetime Free


Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2022 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to now 🙂