various ways in which agents will try and befuddle you is too long a story you should just focus on getting ten years income worth of insurance if you do this you will get only the right kind of insurance product which is a term insurance the reason for that is that in other kind of insurance products getting ten years worth of life cover will cost you your entire incomethe basic principle of buying insurance is to keep insurance and investment separate and buy only pure insurance term insurance in india insurance sellers have encouraged an investing culture where people are averse to buying term insurance because you get back nothing agents do this because they earn far higher commissions in other kinds of products its not possible to be charitable while commenting honestly about this system so i wont even try this system exists because the regulator is asleep agents are conniving and manipulative and customers are foolish the system wont change so its up to you to learn how to actually buy insurancethe author has written on personal finance for more than two decades he is founder and ceo of value research