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eServe Newsletter March 2014
The price of life insurance. If you don't pay, your family may have to pay the price for it.
When you buy life insurance you are allocating a small portion of your income towards the premium. The price that you pay in the form of premium for life insurance is too small compared to the price your family, may have to pay if you are no longer around.
- Life insurance will take care of your child's education
- Life insurance will take care of your daughter's marriage
- Life insurance offers financial protection for your family
If the breadwinner dies unexpectedly, without any life insurance there will be a loss of income to the family. In absence of adequate income, the family will need to pay the price for it by compromising on good education or selling assets like property and jewellery. To avoid such a situation it would be advisable to evaluate your financial risks from time to time and purchase adequate insurance. Life insurance not only offers regular savings and financial security to the family but also peace of mind.
& know more.