India, Sept. 24 -- Honestly? Do both.Use trendy investments to grow your wealth. But don't forget term insurance to protect it.

You cannot replace term insurance with mutual funds. Both are important. One gives protection. The other gives growth.

Here are 5 quick tips for you:

Myth 1: It is worthless

Truth: It is similar to a fire extinguisher. You may never need it, but it's worth everything when you do.

Myth 2: I'm young and healthy. I shouldn't need it now.Truth: That's the best time to buy it! Low premiums and full cover.

Myth 3: I already have investments.Truth: Investments may not give instant support. Insurance does.

It only takes 30 minutes to do this, but it can make your family's future a different story forever.

Death i...