You must keep three things in mind before you decide on your life cover: covering existing debts, covering future expenses like educating your children, and substituting your future income. (edelweisstokio.in)
As the family gets a lump sum amount, they can cover the future expenses without creating a financial burden on themselves. (edelweisstokio.in)
Your life cover should cover the future expenses of your family. (edelweisstokio.in)