|« Online purchase of insurance policies yet to take off||I already have term life insurance. Why do I need more life insurance? »|
Kalyani Narayanan, CEO and Principal Officer says
1.Is my family dependent on my income? If I were to die, would my family come to streets?
2.Do I have huge loans to be paid like home mortgage or other loans? If something happens to me, would my family lose everything in order to pay those loans?
3.If something happens to me, my family would not come to streets but they definitely have to cut down on a lot of comforts they enjoy now.
4.My children won’t be able to pay for their higher education if something happens to me and they would have to settle for inexpensive educational options
If your answer is ‘Yes’ to any one of the above questions, then you must, at least, take the least expensive insurance, which is Term Life.
This post has 858 feedbacks awaiting moderation...