If you choose the right kind of product within this investment option, it can grow your monthly savings into a comfortable retirement sum.

If you think 20s is too early to consider financial planning and insurance, then you couldn't be more wrong.

Some insurers have already dropped rates and others may follow soon.

If you want an insurance plan that would cover untimely death, you can avail a 'term plan', also referred to as 'Pure Protection' plan.