Sentences with phrase «death of a breadwinner»

Meerut, January 10, 2018: PNB MetLife announced the launch of «PNB MetLife Income Protection Plan», a simple product that offers an optimum mix of protection through income replacement in case of death of the breadwinner and guaranteed savings.

When you make the commitment to buy a house or condo, you should also purchase the peace of mind that a life insurance policy provides so that your partner (and family) are protected in the event of the untimely death of a breadwinner.

Evaluate your needs for better coverage: Everyone has their own lifestyle, to maintain that lifestyle after death of breadwinner is tough.

Term life insurance is especially ideal for families because not only does it provide financial protection in the event of the premature death of a breadwinner, it is very affordable and can fit in most budgets.

You may know of someone who died without life insurance (or maybe this has happened in your family) and have seen how devastating the sudden and unexpected death of a breadwinner can be on a family.

Term insurance replaces the income lost due to the sudden death of the breadwinner by financially securing the survivor's family.

If the unfortunate occurs and there is an accidental death of a breadwinner, the financial strain would be very difficult for the family.

A family goes through many other big and small issues apart from the financial setback due to an early death of the breadwinner.

The families realised that the contingency i.e. death of breadwinner is certain; only the time is unpredictable.

Bharti AXA Life Secure Savings Plan is a traditional non-participating Endowment Assurance plan to build a corpus through regular savings thereby taking care of the family's future needs and requirements and to also provide protection in case of immature death of the breadwinner

A Term Insurance provides financial stability to the family in case of death of the breadwinner.

In case of an untimely death of the breadwinner, with the sum assured received, the dependents can pay - off any loan, child's education fees, monthly household expenses, or any other liability.

Life insurance, from the beginning of the first life company, was created with the intention of taking care of financial needs of the family in the event of the premature death of the breadwinner.

Remember, sudden death of the breadwinner can bring about financial turbulence in the otherwise financially stable family.

This is done so that their family can alleviate the financial burden that the death of a breadwinner often brings.

The death of a breadwinner (or stay - at - home parent) is devastating emotionally, spiritually, and financially.

Depending on the employer the life insurance coverage provided could be as little as one to two times the worker's annual salary, and this amount would likely be quickly exhausted after the death of the breadwinner.

With no retirement savings, no emergency fund, and no life insurance, how does a family continue to pay bills upon the death of a breadwinner?

Essentially this assessment provides the surviving family with the income stream that is lost upon the death of the breadwinner.

Life insurance is the financial protection your family needs against the death of a breadwinner.

The death of a breadwinner might plunge a family into severe financial crisis.

The plan promises a considerable sum of money in difficult times when the family needs a source of income after the death of the breadwinner.

Any death in the family is emotionally difficult, but the death of a breadwinner is financially hard, too.

Root's goal was to create an organization that would protect families following the death of their breadwinner.

The policy basically gives you coverage against sudden financial loss on account of the death of the breadwinner of the family.

Financial cover against the loss of life: The emotional loss that takes place because of the death of the breadwinner of the family can never be measured in term of money.

Death of the breadwinner of the family can cause disastrous turbulence in the family member's life.

The main purpose is to provide the death risk coverage to the breadwinner, as an untimely death of the breadwinner could put the family in financial crunch.

Life insurance serves a valuable social purpose, allowing families to protect themselves against the economic consequences of an untimely death of a breadwinner.

In case of the death of a breadwinner, this plan helps to cover any loan liabilities - Home, Motor, Personal, etc..

The importance of income can never be over-emphasized and is accentuated when the income ceases to flow in due to illness or death of the breadwinner.

Long Term Insurance Needs Policies for longer periods of time are usually to provide cash or income to a family in the event of the premature death of the breadwinner.

They can carry on after the death of the breadwinner.

At the same time they wanted the death benefit to be sufficient to pay off the mortgage in the event of the death of a breadwinner.

Life insurance was invented to take care of a family's financial needs in the event of the death of the breadwinner.

At some point later someone came up with the idea to have mortgages paid off in the event of the death of a breadwinner.

They replace the income lost by the death of the breadwinner.

And in between all of these in their growing age till the time they become financially independent, an unfortunate event of an untimely death of the breadwinner may put things upside down in the blink of an eye.

The death of the breadwinner, Ravi, devastated the family not only emotionally but financially also.

If it costs $ 6000, less taxes, to live now it will cost the same amount to live after the death of the breadwinner.

The decreasing term life insurance policy was intended to pay off the balance owed on a mortgage in the event of the death of a breadwinner.

That is great but shouldn't we also think about taking care those expenses that will come into play immediately upon the death of a breadwinner.

With the help of a term insurance plan, which offers high coverage at a minimum premium against the risk of an untimely death of the breadwinner, one can give peace of mind to their loved ones.

This kind of insurance can be used to cover a mortgage or a business loan or even to provide cash in the event of the death of a breadwinner in a family.

Benefit of Term Plan: In case of an untimely death of the breadwinner, family is supported with an enormous amount of money — sum assured, which helps them to replace the loss of the income caused due to the breadwinner's death.

The double jeopardy of medical expenses and permanent loss of income from the death of the breadwinner can be financially as also emotionally devastating for the family.

As the name suggests, this feature waives further renewal premiums that helps in creation of an uninterrupted corpus in case of eventualities like total disability, critical illnesses or death of the breadwinner, by which the further renewal premiums could not be paid.