The hidden catch in 40-year term insurance policies and how to choose better
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that term insurance is for earning members with financial dependants or loans, and that cover can be based on human life value. He said the policy term should usually end around retirement, at about 60 to 65, as longer terms add unnecessary cost.
More of Abhishek's views on insurance
The article questions whether buyers need term insurance cover lasting 30 to 40 years. It explains what term insurance is, who needs it, how to work out a suitable cover amount, and why cover running well past the years a family depends on an earner's income can add avoidable cost.
Publisher source
The hidden catch in 40-year term insurance policies and how to choose better