Life insurance is an important requirement of your financial life. It ensures financial support to your immediate family in case of an unfortunate event.
The best life insurance policy is one that is designed to meet your unique needs, be affordable and protect your family.
Needs change with life stages and your life insurance should factor such changes.
The required coverage amount for your insurance policy is the most important aspect of choosing a plan. It depends on:
The number of dependents you have
Affordability of premium
Your standard of living
Children’s need
Current and future liabilities
Inflation and other factors
Various life insurance plans are:
Term Insurance
Whole life insurance plans
Endowment Assurance Plans
Money-Back Plans
Child Plans
Pension Plans
Unit Linked Insurance Plan
So choose the right plan depending on your requirement and buy a life insurance policy today!
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