By simmysen04, 2 August, 2026

Taking your first steps into financial planning can feel like entering a maze of technical terms and complex conditions. For beginners, purchasing term insurance—a pure form of life insurance that pays a lump sum to your family if you pass away—is often slowed down by strict eligibility rules. Traditional plans frequently demand higher education degrees, formal corporate salary slips, or high-income thresholds.

Category