Do a mid-life insurance scan

Realign your cover with your priorities

- Sanjiv Bajaj

In the rush to build wealth, what often gets neglected is your insurance portfolio. If you are like most Indians, you likely bought your first life insurance policy in your late 20s or early 30s. Maybe it was a bundled endowment plan. Maybe it was a term cover recommended by your HR or a relative in the insurance business.

You signed the papers, paid the premiums, and tucked it away—like a safety net you hoped you'd never have to use. But a decade or two later, that safety net is fraying—your income and responsibilities have grown, your health risks have changed, but your cover is still stuck in the past.

Life insurance