How To Check If You Have Adequate Life Insurance?

How To Check If You Have Adequate Life Insurance?

When you decide to buy a term life insurance policy, it is important for you to have a clear estimate as to how much you will be charged for the same.

While we are familiar with the five basic necessities of life such as food, clothing, shelter, health, and education, but do you know that there is a sixth necessity as well, i.e., insurance. You will come across a countless number of companies and their different insurance plans. You can go through those insurance policies and find the one that suits you in the best manner.

That’s what most people are doing, […] Read more

Important Aspects Related To Life Insurance Policies

Important Aspects Related To Life Insurance Policies

When people talk about life insurance, they always say one thing, ‘get a life insurance policy before it’s too late’. My question is, do we ever too old to buy a life insurance? Well, not necessarily, but it is just a marketing technique that is used by salespeople to sell life insurance policies. Moreover, there is not just one type of insurance for people to choose from, but there is a term life insurance and whole life insurance, which sometimes people find very hard to understand. This blog post focuses on getting rid of the confusion between those two types […] Read more

Do You Really Need Life Insurance?

Do You Really Need Life Insurance?

One question that always Pop-up in one’s mind while purchasing any life insurance plan is that, is he really need Life insurance or not. If you are in dilemma, then there is no need to worry. You must consider buying if any of the below mentioned conditions are satisfied:

You are married and all your family members are dependent on your income.
You have aged parents who can’t get medical treatment on their own
You have children or disabled relative dependent on you.
Limited sources of income after your retirement and no pension to meet your spouse needs.
If you have to pay a large […] Read more

What Type Of Life Insurance Should You Get?

What Type Of Life Insurance Should You Get?

The main purpose of investing in a life insurance is to protect yourself and your family in case any catastrophic event occurs. A life insurance will allow your family to live with dignity in your absence. A normal person takes loans from time to time, which is quite normal, but what will happen if a person certainly dies? Those debts will have to be paid by the family members of that person who may or may not be in a position to pay the debts. This is where life insurance comes to the rescue of the family.

Some people don’t want […] Read more