Answer for Help on increasing term plan

As you are 28 years old, you should buy term plan for next 35 years. When your income increases in the next say 5 years, buy another term plan that gives you extra sum assured as well as covers you say till 70 years of age. The cost of buying a term insurance policy doesn’t increase a lot till you are 35 years of age so buy the maximum you can buy now and when you get married and have higher income, increase your cover accordingly. For increasing the cover, you can either buy a new policy or get your cover ncreased from your existing company.