The current unprecedented situation due to the pandemic is an eye-opener for all. It has helped us understand how uncertain our future is and highlighted the importance of planning for such uncertainties. Here is where you may want to consider taking a life insurance cover that takes care of your financial implications to a large extent. The proceeds from a life insurance policy can be utilised by your family for paying off debt, meeting big-ticket expenses like children’s education, and even assist your spouse in old age. Given its benefits, it is important that you purchase the right life insurance policy that can adequately meet your requirements.