Most of us, more likely than not, would be having some sort of life insurance policies. A term insurance plan, or a plain-vanilla risk protection cover, to be precise. And why not? After all, one wants to put in place some sort of income replacement mechanism for his near and dear ones in the event of his demise.
“Mein bhi ek pita hoon, aur mein yeh samajhta hoon”–this line sounds familiar to you? Yes, we are talking about that Aviva advertisement in which Sachin Tendulkar, donning the avatar of a doting father, sends his child off to school and seeks to drive home the need of parents guaranteeing their kids’ future education.