I must say rediff always cite wrong examples in terms of its posts on insurance, tax savings & stuff...they should give exaples relevant to the mass of the people whose income is less than Rs. 3 lacs per annum....What can a person in this case do...?How much insurance CAN he buy after supposting his family needs & if he is the sole earner in the family....? Would all the laws applied in the article above be applicable in that case of an individual also...?
