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Invest in insurance to secure not just your life and savings but the future of your children

- Vibha Padalkar

As women, we are used to playing multiple roles. While the responsibilities may vary, the essence of being a nurturer is retained in every role. Therefore preparing for family emergencies (financial or otherwise) and planning for long-term security are important for both working women as well as homemakers. The recent mandatory financialisation of savings is a boon for most women who would have otherwise left their savings lying idle. Opening a bank account and saving regularly is the first step towards taking control of your finances, followed by investments depending on your individual needs and risk appetite.

From the varied options of financial savings instruments to choose from, here are 10 reasons why life insurance is important to invest your savings in.