Many families buy term plans but still fall into traps that weaken protection. That’s why we created this Term Insurance Mistakes Infographic — a simple, visual guide for teachers to quickly spot errors and avoid them.
7 Mistakes at a Glance
- Falling for Endowment & Money-Back Plans → Choose pure term insurance, not savings plans.
- Underestimating Coverage Needs → Secure 10–15× your annual income.
- Choosing Short Tenure or Low Sum Assured → Cover till retirement with adequate sum assured.
- Delaying the Purchase of Term Insurance → Buy early to save on premiums.
- Dishonesty in Application → Disclose all health and financial details honestly.
- Skipping the Fine Print → Read terms carefully and compare policies.
- Ignoring Useful Riders → Add riders like accidental & critical illness.
Why This Matters for Teachers
Teachers know preparation is the best lesson. By learning from this term insurance mistakes infographic, you can protect your family and avoid costly errors.
Next Step:
- Share this infographic in your staffroom or WhatsApp group.
- Review your own term plan today.
- For a full, teacher-focused explanation, read here:
7 Costly Term Insurance Mistakes Teachers Still Make in 2025 (Don’t Be #8!)
