Life insurance policy is the mutual agreement between the insurer and the insured person. Insurer refers to the company that is providing a guarantee to pay an amount of money in exchange for a premium after a certain period as compensation for the loss of life. Life insurance provides financial security for your loved ones in case of any unexpected death & the insurance company paying a lump sum amount to the nominee.
Life is beautiful but other than that, it is uncertain, nobody knows what will happen shortly in your life so it is very essential that do not leave anything to chance particularly “Life insurance”. Therefore, you should plan to invest in a life insurance policy to secure your family tomorrow. Even this policy is affordable to prepare the contingencies of your life without a financial burden. With a life insurance policy, you can assure that your family can maintain the lifestyle you have struggled to give them.
Advantage of Life Insurance
Types of Life Insurance
Life Insurance Riders
Document Required For Life Insurance Plan