It pays one's loved ones, adequate money as per the sum assured amount of the term plan, to take care of
the basic financial needs of the family.
The sum assured, which is received as reimbursement through the plan, helps meet
the basic financial needs of your family members.
Not exact matches
There are four
basic steps you can take to ensure a secure
financial future: Determine how much money you may
need for retirement or other goals, plan how to accumulate money and other assets to help meet your
needs, act to implement your plan and save the money you and your
family may
need, and reassess your
financial needs and the progress
of your plan every year.
The approach that is used by Fidelity in fulfilling its customers»
basic needs includes offering assistance with maintaining a
family's standard
of living, helping a
family to pay ongoing
family debts, funding the future education
of children and / or grandchildren, paying for final expenses, and leaving the
family a
financial legacy.
It's important to understand the
basics of health insurance so you can make the right
financial decisions for your
family before you
need care.
This
financial support is enough to meet the
basic needs of the
family members in the absence
of the breadwinner.
The most
basic need for buying a life insurance policy is to provide
financial support to the immediate
family in the event
of demise
of the life insured.
Adoption assistance (also known as adoption subsidy) provides
financial and other supports to help adoptive
families meet the
basic and unique
needs of children in care, including making it easier for the
families to access medical care, counseling or therapy, special equipment, tutoring programs, and other services.
By helping
families meet these
basic needs, the Community Services League helps reduce the stress and worry
of financial and home instability, so
family members can focus instead on building positive relationships, planning a future for their children, and strengthen their ability to cope.