This article discusses the importance of term insurance and provides nine smart strategies to follow while buying it. The strategies include filling out the proposal form yourself, keeping your nominee informed, looking beyond thumb rules for coverage estimation, considering insurance riders, understanding financial obligations, choosing claim payout options wisely, ensuring adequate coverage, considering more than claim settlement ratios when selecting an insurance provider, and avoiding procrastination in purchasing a policy. By following these strategies, you can secure a term insurance policy that provides financial protection for your loved ones in times of need.