You should opt this income benefit rider in term insurance in case you are the whole and sole
bread earner in the house.
Since Viren is the only
bread earner in the family, he is worried about the amount of financial burden they may have to go through in the event of his death.
Not exact matches
My wife and I are
in almost the identical situation - 2 kids, she works part time
in the biological sciences while spending plenty of time with the kids, I'm a programmer outearning her significantly - and I can tell you that I'd more than happily switch roles if she were the
bread earner, and would feel just as satisfied if not more doing so.
This is of use to simply cater to the survival of a family
in the unfortunate event of the death of the
bread earner.
Wada puts the sci - fi series right next to «
bread -
earner» Final Fantasy
in fact, saying the two are among the publisher's key properties that will continue to grow.
The fundamental premise of the session was a fairly straightforward one; without very careful thought around pricing strategy, firms that rush headlong into the new technology run the risk of a double whammy — the cost associated with investing
in the technology and some fee
earners finding that their
bread - and - butter work (rudimentary document review and the like) can be done
in a small fraction of the time that they would normally devote to cranking out billable hours.
Provide Financial Security: Beneficial for those, who are the
bread earner of the family, looking for a solution to provide a financial security
in case of eventuality.
Low priced & price - effective, those plans regularly provide massive insurance, making sure that the family's economic desires are sorted,
in the absence of the
bread -
earner of the family.
Every
bread -
earner wishes to offer financial security to his / her family
in some way.
A death of a primary
bread earner leaves the family
in an emotional distress and financial unstable.
Affordable & cost - effective, these plans often provide massive coverage, ensuring that the family's financial needs are taken care of,
in the absence of the
bread -
earner of the family.
The Term Insurance plan ensures that your family is financially independent and secure
in case of your untimely and unfortunate demise specially when you are the
bread earner.
Life insurance is essential to take care of these financial responsibilities
in the absence of the family
bread earner.
In my opinion term insurance is a necessity for individuals who are the single
bread earner of the family.
With this offering we are trying to give these families a relief by securing the life of their
bread earner and help them save to achieve their goals
in the near future.»
Life insurance is essential to financially support the family
in case of an untimely demise of the
bread earner.
It acts as an income replacement tool
in the absence of the
bread earner.
He would further need to buy a Rs 1 - crore cover so that his dependents can live comfortably
in case he, the
bread earner, passes away.
In case of death of the main
bread -
earner, family suffers a loss of income and at times is left with large liabilities such as home loan and children education.
The objective of term insurance is to ensure that dependents can continue to maintain their current standard of living
in case of the
bread earner's untimely death.