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The Life Insurance Plan Every Responsible Parent Should Know About

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Parents have the responsibility of ensuring long-term financial security for their family, even in their absence. While parents strive to provide comfort, stability, and opportunities for their children, life’s unpredictability makes financial preparedness essential. Among various life insurance options, term insurance stands out as a simple, cost-effective solution that offers substantial protection. It ensures your loved ones are financially supported to meet expenses such as education, daily living costs, and future goals. This article explores why term insurance is an important financial step every responsible parent should take.

What is Term Insurance?

Term insurance is a type of life insurance plan that provides financial coverage for a specific period or term. In the event of the policyholder’s untimely death during the policy term, a fixed amount known as the sum assured is paid to the nominee. If the policyholder survives the term, there is typically no payout, unless the plan includes a return of premium feature.This type of plan is simple, affordable, and highly effective in offering protection to your family when they need it the most.

Why Should Parents Consider Term Insurance?

When it comes to choosing the right life insurance, term insurance stands out as a practical and effective option for parents. Its affordability, high coverage, and focused protection make it especially suitable for safeguarding your family’s financial future. Here are key reasons why term insurance should be a priority for every parent:

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Cost-Effective Coverage: Among all life insurance plans, term insurance provides a high sum assured at an affordable premium. This makes it suitable for young or middle-income parents looking for maximum protection without straining their budget.

Pure Protection: Term plans focus only on life cover, unlike market linked plans that combine insurance with savings or investment. This keeps term plans simple, transparent, and easier to understand.

Financial Support for Children: In the unfortunate event of the policyholder’s demise, the lump sum payout can help the surviving family cover essential expenses like school fees, higher education costs, and day-to-day living, ensuring continuity in their standard of life.

Debt Protection: Term insurance ensures that any outstanding financial obligations, such as a home loan or personal loan, do not fall on your family. The payout can be used to clear debts, reducing financial stress on your dependents.

Peace of Mind: Knowing that your family will have a financial safety net offers emotional security. It allows you to focus on your responsibilities today, without worrying about future uncertainties.

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Key Features of Term Insurance Plans

Before choosing a term insurance policy, it’s important to understand its key features:

1.  Sum Assured  
This is the amount your family will receive in case of your death during the policy term. Choose a sum thatcovers your family’s living expenses, children’s education, and any existing liabilities.

2.  Policy Term  
This refers to the duration of the insurance coverage. It should preferably cover the years until your children become financially independent or until your planned retirement.

3.  Premium Payment Term  
You can choose to pay premiums regularly (monthly, quarterly, yearly) or as a one-time payment. Regular payments are most common and manageable for salaried individuals.

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4.  Riders and Add-ons  
Term insurance plans can be enhanced with riders such as:

a.    Accidental death benefit  
b.    Critical illness cover  
c.    Waiver of premium on disability

These riders provide additional protection at a nominal cost.

5.  Claim Settlement Ratio  
Always choose an insurer with a high claim settlement ratio, as it reflects the company’s reliability in paying out claims.

How Much Term Insurance Coverage Do You Need?

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A suitable coverage amount depends on several factors, including:

•  Your current income  
•  Monthly household expenses  
•  Existing loans and liabilities  
•  Future financial goals (like children’s education or marriage)  
•  Inflation

As a general guideline, the sum assured should be enough to cover your family’s financial needs for several years in your absence. A simple way to calculate this is by estimating your annual income and multiplying it by the number of years your dependents will need support.

When Should Parents Buy Term Insurance?

The right time to buy the best term insurance plan is as early as possible. Younger individuals pay lower premiums and can get coverage for a longerduration. Buying early helps you get the plan at a lower cost and without health-related exclusions that may apply if your health changes later.

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Even if you are a new parent or planning to start a family, buying term insurance in advance is a smart financial decision. It provides peace of mind knowing your family is protected from the very beginning.

Conclusion

Every parent planto give their children a secure and comfortable life. But responsible parenting also means preparing for the unexpected. A term insurance plan is one of the practical tools for ensuring that your family remains financially stable in your absence. It protects your children’s future, covers essential expenses, and helps your family manage debt or emergencies. Termplans from trusted insurers like Tata AIA offer high cover at affordable cost, making them a smart and easy choice for every parent.Taking this step today shows you care about your family and want to secure their future.

Disclaimer: The information provided above is for informational purposes only and is not intended as professional or legal advice. The Insurance Regulatory and Development Authority of India (IRDAI) is not responsible for any decisions made based on the information.  
 

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Netflix India names Rekha Rane director of films and series marketing

Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names

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MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.

Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.

A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.

At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.

Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.

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Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.

Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.

The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.

For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.

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Orient Beverages pops the fizz with steady Q3 gains and rising profits

Kolkata-based beverage maker reports stronger revenues and profits for December quarter.

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MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.

For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.

Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.

On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.

The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.

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Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.

In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.

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Washington Post CEO exits abruptly after newsroom cuts spark backlash

Leadership change follows layoffs, protests and a bruising battle over trust.

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MUMBAI: When the presses are rolling but patience runs out, even the editor’s chair isn’t safe. The Washington Post announced on Saturday that its chief executive and publisher Will Lewis is stepping down with immediate effect, bringing a sudden end to a turbulent two-year tenure marked by financial strain, newsroom unrest and public backlash.

Lewis’s exit comes just days after the Bezos-owned newspaper announced sweeping job cuts that triggered protests outside its Washington headquarters and a wave of anger from readers and staff. While newspapers across the US are grappling with shrinking revenues and digital disruption, Lewis’s leadership had increasingly come under fire for how those pressures were handled.

The Post confirmed that Jeff D’Onofrio, a former Tumblr CEO who joined the organisation last year as chief financial officer, has taken over as CEO and publisher, effective immediately. In an email to staff, later shared by reporters on social media, Lewis said it was “the right time for me to step aside.”

The leadership change follows the announcement of large-scale redundancies earlier this week. While the Post did not officially confirm numbers, The New York Times reported that around 300 of the paper’s roughly 800 journalists were laid off. Entire teams were dismantled, including the Post’s Middle East bureau and its Kyiv-based correspondent covering the war in Ukraine.

Sports, graphics and local reporting were sharply reduced, and the paper’s daily podcast, Post Reports, was suspended. On Thursday, hundreds of journalists and supporters gathered outside the Post’s downtown office in protest, calling the cuts a blow to public-interest journalism.

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Former executive editor Marty Baron described the moment as “among the darkest days in the history of one of the world’s greatest news organisations.”

Lewis defended his record in his farewell note, saying “difficult decisions” were taken to secure the paper’s long-term future and protect its ability to publish “high-quality nonpartisan news”. But his tenure coincided with growing scrutiny of editorial independence at the Post.

Owner Jeff Bezos faced criticism for reining in the paper’s traditionally liberal editorial page and blocking an endorsement of Democratic presidential candidate Kamala Harris ahead of the 2024 US election. The move was widely seen as breaking the long-standing firewall between ownership and editorial decision-making.

According to a Wall Street Journal report, around 250,000 digital subscribers cancelled their subscriptions after the paper declined to endorse Harris. The Post reportedly lost about $100 million in 2024 as advertising and subscription revenues slid.

While the wider newspaper industry continues to battle declining print advertising and the pull of social media, some national titles have stabilised. Rivals such as The Wall Street Journal and The New York Times have managed to build sustainable digital businesses, a turnaround that has so far eluded the Post despite its billionaire backing.

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As Jeff D’Onofrio steps into the role, the challenge is stark, restore confidence inside the newsroom, win back readers who walked away, and prove that one of America’s most storied newspapers can still find its footing in a brutally competitive media landscape.

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