Sentences with phrase «ensured higher death benefits»
By going for a higher sum assured (in case of pure term plan), policy holder has ensured higher death benefits, which is what you need from an insurance product.
https://www.personalfinanceplan.in/ Not exact matches
This ensures your survivors receive higher death benefits, which is beneficial for their financial security.
Thus, the death benefit will be much higher, ensuring a good financial backup for your loved ones.
Also, IRDAI made the high death benefit cover mandatory and ensured a longer lock - in period.
Furthermore, it provides four flexible options to ensure you have an ideal cover as per your health needs, ensures lumpsum payout on diagnosis, has an in - built death benefit, ensures high cover at low premium, and offers various other benefits.
The stakes will also be higher because you want to ensure that if you die, your spouse and family will have adequate financial support, whether from your retirement savings, a life insurance death benefit, or a combination of the two.