LIFE INSURANCE
LIFE INSURANCE IMPORTANT POLICIES:
Life insurance is an agreement between the person and the the life insurance company for certain some of amount.
That amount is repaid at the time of uncertainty period eg: death of the agreed person or unfortunate accident happened for the agreed person or repaid if the agreement date is finished.
Generally a family rely on the breadwinner of the family.
The family is secured only if the breadwinner income is permanent otherwise it is very hard for them to survive in this current world, this is because of due to the sudden death of the breadwinner.
To overcome this problem life insurance is the only source which helps in the uncertainty period.
I do also find life insurance policy a great option to provide financial security to all the family members. Besides this point I have read so many other benefits too of having a life insurance policy. And keeping in mind all these points I decided to make out a policy and purchased one last month. Thanks for sharing the main usage of life insurance policy.
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