Title: Life insurance queries
1Life Insurance Queries
2What is Life Insurance?
3- Life insurance is a source for providing strong
financial backup to your family even after you
are pass on. - In terms of financial or unexpected crisis, you
dont know who will take care of your family. In
such situations, a good life insurance plan is a
must. - Life insurance is a mode of a sound financial
planning. - If you have different plans in your hand, then
they will surely take ca good care of you and
your loved ones in case of any unfortunate event.
4How Do I know How Much Life Insurance I Need?
5- When you decide to finally buy a life insurance
policy, the immediate question that will strike
your mind is but how much should I buy? - Well, there are some important points to
consider - - Analyze the basic financial need of your
family. Is your family a rising one with multiple
needs and only one bread winner or a well settled
family with very limited needs and more than one
person earning in the group. The point is the
younger a family, the more is the need for life
insurance. - continued
6- Next, one should evaluate how much money can one
invest in buying life insurance premium. - Usually, people get easily tempted to buy best
life insurance plans that might be a bit
expensive but the problem arises when this
becomes more expensive for paying premiums after
a certain period of time. - On the other hand, if you choose to buy a cheap
life insurance plan then it may prove to be
inadequate for fulfilling your basic necessities
of life. - Hence, it is very important to finalize your
needs properly on the basis of your present and
future. Continued.
7- Buying a life insurance policy also depends on
for what period you will need the life insurance
benefits to work for you. - Usually, a cheap life insurance plan will cover
monthly expenses for a limited period of time and
the best life insurance plan will retain your
expenses for a long period of time. - These points depend completely on your financial
needs. - continued
8- As one grows in life, one should revisit their
existing life insurance plan and find out if you
need to invest in some new plans. - So please be very careful while choosing the life
insurance plan. After all, your families future
depends completely on what decision you take.
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9AEGON Religare Contact Details
10- Corporate and Registered OfficeAEGON Religare
Life Insurance,2nd Floor, Paranjpe B Scheme,
Subhash Road, Near Garware House,Vile Parle
(E), Mumbai - 400 057. - Branch centers in 113 cities.
- Call 1800 209 9090.
- Website www.aegonreligare.com
11Thank You