Is Your Term Insurance Enough for 2025? Reassess Now!

• Many salaried Indians are underinsured by 2025 due to static term insurance policies failing to account for increased income, home loans, children's education, and inflation.
• Term insurance is not a one-time purchase; its real value erodes over time, and it must evolve with life changes like income growth and new financial responsibilities.
• Assess adequacy by aiming for 15-20 times annual income, adjusted for liabilities and liquid assets, ensuring it covers future goals beyond just loan repayment.
• Avoid common gaps like relying solely on employer-provided cover or ignoring future needs; consider "top-up by addition" if your current policy falls short.
• Review your term insurance at major life events such as marriage, childbirth, taking a home loan, or a significant income increase, rather than annually.

Why It Matters: Don't let outdated term insurance leave your family vulnerable; review and adjust for 2025's realities.