Insurance protection policy is a plan for the unthinkable, which provides financial security to your family.
A big fear for most people revolves around how their family members will cope financially, if something unimaginable happens to them. To a large extent, life insurance offers peace of mind through immediate financial protection for one’s dependents.
It is unique in guaranteeing the delivery of financial security at precisely the moment it is needed. There are several types of life insurance policies—pure protection, endowment and whole life. Then there are variants of these, besides Ulips, which combine insurance and investments. Almost, every type of financial need is met by life insurance, which makes it a unique financial instrument.
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Denne historien er fra June 2017-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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