Rohit bought his first term plan at 27. At the time, the decision was simple. He was single, had no loans and chose a cover that roughly matched his income. The policy did what it needed to do.

A few years later, things changed. He got married. Then came a home loan. A few years after that, a child. His income had increased, but so had his responsibilities. The original cover was still active, but it no longer reflected his current situation.