When it comes to investments, 42-year-old, Bengaluru based software engineer Dhananjay Patki is convinced on the multiple benefits of a life insurance policy. “You get life cover, you get tax benefits and you get the advantage of long-term investing,” he says. The penchant for life insurance amongst Indians is well documented and one rarely comes across someone who does not have a policy. Over the past 15 years, the insurance landscape has changed since the opening up of the sector and the setting up of private insurance companies in India. It not only heralded a new wave of insurance companies, but also exposed us to a whole new world of variety of insurance plans.