Term life insurance can help protect
your family against loss of income, funeral costs, medical bills and more.
Option to choose as lump sum, monthly income payout or annual increase in payout safeguards
your family against the loss of the income.
By Definition Life insurance is meant to protect the policyholder's
family against loss of income in case the policyholder meets a mishap or deceases due to some reason.
Farmers Value Term may be a cost - effective solution when you need enough coverage to help protect
your family against loss of income if you are no longer with them.
Term life insurance can help protect
your family against loss of income, funeral costs, medical bills and more.
Not exact matches
By having a mortgage protection life insurance plan in place, your home and
family will be financially protected
against death and the
loss of income.
This way, people can secure their
family sufficiently
against any
loss of income which the
family might face in the absence
of the life insured.
It provides cover
against loss of life, disabilities and
loss of income due to an accident to you and your
family.
A good term policy that is maintained as goals are being pursued by the new
family is a proactive measure
against loss of income earning potential
of both partners in a marriage.
Obviously, the primary breadwinner
of the
family should be covered, but it's wise to protect
against the
loss of income that both earners provide.
Generally, term life insurance is a better idea for the younger individuals and
families, needing protection cover
against the
income loss of the primary bread winner for a defined period
of time, at a reasonable cost.
These plans provide risk cover for
loss of income, financial liabilities (home loan and other loans), financial responsibilities (children's education, marriage etc.)
against untimely death
of the
family bread earner.