Guwahati, April 9 -- Life insurance policies help safeguard your dependents' financial needs and liabilities in your absence. It acts as a financial safety net for your family, ensuring that they can cater to their daily expenses and life goals without compromise. However, apart from this, life insurance policies have several advantages.

If chosen wisely, they can help you create wealth, enhancing your loved one's security even more. You can also claim life insurance tax benefits under specific sections of the Income Tax Act.

Here are some of the ways that you can follow to create wealth with life insurance policies:

One way to generate wealth with your life insurance policy is to choose the right one. Multiple types of life insurance ...