Young boys and girls who have just started earning defer plan of purchasing a term plan. But there are more than one reasons to purchase a term plan of high sum assured just when one starts earning. Paisablogger Sonjai explains why….
The write-up digs up the history of product needs of customers in the Indian Life Insurance sector from pre-liberalization era till today. It also tries to identify what could be the reasons for the industry to face issues like pitching the right products to the customers today.
People are proactive in placing their money in the banks because it satisfies their need for “safety” and “growth”. The blog focusses on making changes in the thought process of purchasing an insurance.