Sentences with phrase «family meet their monthly expenses»

This corpus post your demise would help your family meet their monthly expenses and so, it is important that you choose your sum assured wisely.

Not exact matches

For most families, even if both spouses are generating a significant and steady income stream, if one spouse dies, the surviving spouse is unlikely to continue comfortably meeting the monthly family expenses.

The monthly payout for the next 10 years, which is in addition to the one - time payout, will meet your family's daily expenses like groceries, school fees, etc and ensure they maintain the same lifestyle as today.

For this purpose, you require something more than a regular term plan that offers sufficient periodic pay - outs that will help your family members meet the necessary monthly expense in your absence.

So, ensure that your coverage amount is sufficient to meet the monthly expense of your family in your absence.

This plan provides the option to choose the death benefit as lump - sum payout plus the monthly income benefit to your family so they can easily meet their day to day expenses.