Getting more bang for your buck

Insurance: Choose the right plan for the best buy

Insurance is a long-term commitment, so it's important to make an informed decision after taking into account your financial circumstances and objectives.
Insurance is a long-term commitment, so it's important to make an informed decision after taking into account your financial circumstances and objectives. PHOTO: ST FILE

Buying a life insurance plan can be a bewildering experience for consumers as there are many products in the market. Insurance is a long-term commitment, so it's important to make an informed decision after taking into account your financial circumstances and objectives.

Here are some tips for consumers:

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A version of this article appeared in the print edition of The Sunday Times on September 02, 2018, with the headline 'Insurance: Choose the right plan for the best buy'. Print Edition | Subscribe