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It refers to a contract between the insurance company and the person insured wherein the insurance company takes the responsibility to compensate for the medical expenses

Afterall every millennial wants to go with the flow and make most of their youth. It is very common to see them spending most of their income on gadgets, fine dining, and cloths.

There is a need for investing in Life insurance right from the word go. Going by stats, the Insurance sector is India grows around 15% every year in terms of premium collected.

Even in life insurance, there are multiple options available such as Endowment plans, Whole life plans, Money back plans, and term plans (Pure Insurance). The pros and cons of each plan are different.