Need of insurance
Insurance is a way of managing risks. When you buy insurance, you transfer the cost of a potential loss to the insurance company in exchange for a fee, known as the premium. Insurance companies invest the funds securely, so it can grow, and pay out when there’s a claim.
- Saving for future
- Risk cover
- Inflation
- Interest rate
- Good return
- Independent life
- Tax saving U/S 80c
- Tax free return U/S 10(10D)
- Accidental risk cover
- Permanent disability coverage
- Children will not take care
- Support your spouse
- To secure future goals
- To cover emergency expenses
- Build your cash value
- Child education
- Forced long term compulsory saving
- Risk of less planning & out living retirement
- Cover real estate investments
- To get a business loan
- Peace of mind
- 10950 brochure