Why Term Insurance Is Essential for Every Earning Member | Sum Assured & Coverage Explained

Why Term Insurance Is Essential for Every Earning Member | Sum Assured & Coverage Explained

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Sakshi Batra
  • Updated Jul 25, 2026 3:00 PM IST

Life insurance is one of the most important financial tools for every earning member, especially when the entire family depends on a single income. In this video, we explain why term insurance is essential, how it protects your loved ones financially, and the key factors to consider before buying a policy. Amit Chhabra, CBO, Policy Bazar, shares valuable insights on choosing the right sum assured, deciding the ideal coverage period, and understanding who should buy term insurance. Watch this informative discussion to learn the basics of life insurance and make smarter financial decisions to secure your family's future with confidence.

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