Gift Your Family with a life insurance this Diwali

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Gift Your Family with a life insurance this Diwali
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Why Life Insurance is Required?

• Good investment option
• Life Insurance is a financial cover for a
  contingency linked with human life, like death,
  disability, accident, retirement etc.
• Life insurance is a great tool that will help
  your family in meeting their critical needs.
• Life insurance is also used to pay potential
  federal estate taxes. Since these taxes must be
  paid in cash, life insurance can be a good way to
  ensure the fulfillment of this obligation.

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Why Life Insurance?

• Familys Financial Requirements
• Loans and Expenses Repayment 
• Draw Loans Against Insurance
• Diverse Investment Options
• illnesses and Accidents
• Tax Benefits

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How much Life Insurance is Needed

• The amount of Life Insurance coverage you need
  will depend on many factors such as
• Number of dependents
• Sum required for childrens education
• Evaluation of investment needs
• Affordability

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What are its benefits?

• Disability Benefits
• Tax Relief
• Superior to any other Saving Plan
• Encourages And Forces Thrift
• Easy Settlement And Protection Against Creditors
• Administering The Legacy For Beneficiaries
• Ready Marketability And Suitability For Quick
  Borrowing

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Types of Life Insurance Policy

• Different types of life Insurance
• Term Life Insurance Policy
• Yearly Renewable Term Policy
• Whole Life, Universal Life, Variable Universal
  Life And Variable Life Policies

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How To Make a Policy Claim

• Life insurance claim can arise either
• Filled-up claim form (provided by the insurance
  company)
• Certificate of death
• Policy document
• Deeds of assignments/ re-assignments if any
• Legal evidence of title, if the policy is not
  assigned or nominated
• Form of discharge executed and witnessed

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Plan Future This Diwali

• Diwali is one of the most awaited festival among
  Indian families, who plan their Diwali spending's
  - gifts, clothes, vehicles - throughout the year.
  Many, however, fail to carry the same planning
  and enthusiasm when it comes to finances. So plan
  this Diwali wisely and invest in life insurance.

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The best Offers discount on Diwali Festival

• Diwali, the festival of lights, also offers many
  lessons which can be used in financial planning.
  It is always a wise decision to invest in Diwali
  as one always give a new start to their life and
  even banks tend to understand the same by
  offering huge discounts over policies and
  insurance plans. In India one has many banks to
  approach for discounts, for your help some are
  mentioned below
• MaxLife Insurance
• Aviva India
• LIC

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Conclusions

• Life insurance decision is determined by income,
  needs, family circumstances and goals.
• Importance of contract provisions and
  flexibility.
• The cost of not taking correct decisions is high
  and, sooner or later, will impact your future for
  a long time.
• Make plans wisely and make this Diwali more
  fruitful.

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