It seems difficult if the family will be able to live the same lifestyle or will be able to cope - up with the financial debts etc. with sudden loss of income. (coverfox.com)
What it means is that in case of an untimely death, a term plan ensures that the insured person's dependents get some financial security to recover from sudden loss of income. (coverfox.com)
This financial cushion will support the family to have a smooth transition to another source of income without creating a panic of sudden loss of income from the breadwinner. (coverfox.com)