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5 Catastrophic Mistakes That People Make While Buying Life Insurance

You have finally decided to buy life insurance... good! However, if you buy the wrong insurance plan, it might not be able to help you when you need it the most, laying to waste the plan and all the premium money you've paid over the years. Enumerated below are the common mistakes that people make while buying life insurance. Being mindful of these will help you make an informed buying decision and save your family a lot of grief.
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5 Reasons Why Being In Your 50s Isn't Too Late To Get Term Insurance Cover

Let's think about life insurance from a different perspective--age is not the criteria, responsibilities are. The pure life cover term insurance is for the family. It is for your dependants. It doesn't matter if you are a man or a woman, whether you are in your 20s or in your 50s; if there are liabilities and responsibilities (especially financial) then you should get a term insurance. Let's test why it's never too late to buy a pure life cover.
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6 Mistakes To Avoid When Buying A Health Insurance Policy

We all know that health-related situations usually come unannounced and that no matter how well prepared we are, we can never guarantee an illness-/disease-free future. This, along with ever increasing healthcare costs, explains why we shouldn't be taking health insurance lightly. However, more often than not, we end up buying the wrong plan either because it was highly recommended by our relatives and friends or because we chose to blindly follow our advisors. Here are some common mistakes that people often make while choosing a health plan.