Factor in the rate of inflation while deciding your life cover

[IndiaInsurance]

Inflation is the buzzword these days. However, most people don't include inflation into the picture while reviewing or assessing their insurance needs. While the rule of thumb states, you should look at a life cover of around 12 times your annual income deducting your investment assets plus any liabilities; it is also important to consider another mix - your rising income and increasing inflation.

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