Thirty-year-old Kanika was in search of a cost-effective insurance plan for health and life coverage. She had heard about bite-sized insurance plans that promised such coverage at very affordable “per day” rates. To her surprise, she found just such a plan online that offered Rs 50 lakhs of life insurance and Rs 3 lakh of health insurance at a premium of just Rs 43 per day.

On the face of it, it looks like she got a very good deal with low premium cost. But, is this the best she can do with her money?

Read the full article published originally on Financial ExpressHow to build DIY insurance corpus