Risk: Early death of bread earnerProbable loss: Family left to manage certain goals like education, marriage, even regular household expenses etc. on its own.
Why life insurance?
Life insurance has many benefits apart from risk coverage:» Risk cover – protection against financial crisis.
» Planning for life stage needs – Retirement planning, child’s education/marriage.
» Builds the habit of regular savings
» Safe and disciplined long-term investment
» Tax benefits
What does it cover?
Life insurance covers the risk of death. However you can opt for add on riders like:
» Accidental death
» Critical illness
» Waiver of premium
» Hospital/surgical care etc.
Types of life insurance policies» Term plans – pure risk (death) cover only
» Ulips (unit linked insurance plan)
» Endowment plans, money back plans
Exclusions» Suicide within 1 year of policy inception
» Indulging in illegal activities
» Under the influence of alcohol/drugs
To get a Life Insurance quote contact us.
3rd Floor, Suryajyothi Building,
Seaport-Airport Road, CSEZ PO,
Kakkanad, Kochi - 682037
#270,271 Palamoottil Buildings,
Govt:hospital Jn,M C Road,
Chengannur - 689121
Disclaimer : Insurance is a subject matter of solicitation. Mutual Fund Investments are subject to market risks. Readers are strongly advised to consult expert advice on matters of investment and insurance.
Investment in securities are subject to market and other risks and there is no assurance and guarantee that the objectives of any of the strategies of Portfolio Management Services will be achieved
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