A good rule of thumb is to have coverage equal to 10-15 times your annual income. However, the exact amount depends on your debts, dependents, future expenses, and financial goals. We provide personalized calculations to determine your ideal coverage.

Term insurance provides pure life cover for a specific period at lower premiums, while whole life insurance offers lifelong coverage with savings and investment components. Term insurance is ideal for temporary needs, while whole life provides permanent protection with cash value accumulation.

Yes, most LIC policies allow modifications such as increasing coverage, adding riders, or changing premium payment terms. However, these changes may be subject to certain conditions and additional underwriting. We guide you through the process of modifying your policy as your needs evolve.