The amount insured must be adequate to
fulfill the financial needs of your family if the illness results in your death or partially / totally disability.
Not exact matches
As such, knowing the correct amount
of life insurance to
fulfill the
family's living
needs is vital to providing the necessary funds to maintain the
family's lifestyle and future
financial security.
The approach that is used by Fidelity in
fulfilling its customers» basic
needs includes offering assistance with maintaining a
family's standard
of living, helping a
family to pay ongoing
family debts, funding the future education
of children and / or grandchildren, paying for final expenses, and leaving the
family a
financial legacy.
Offering you an array
of choices, the plan lets you
fulfill your
family's
financial needs in the most convenient and affordable ways.
If your
family history hints that you are at an average risk
of developing cancer, then ideally you can take a comprehensive health insurance plan that is more budget - friendly and
fulfills all your
financial needs.
This means, in case
of your unfortunate demise, your
family will receive a lump sum amount
of Rs. 1 crore which will be sufficient to
fulfill their
financial needs.
Each plan is designed to
fulfil different
needs of different
families when it comes to a child's
financial security.
In such case, you
need to leave an appropriate amount
of money for each
family member, which will
fulfill the
financial need of your wife to handle the
family, education and marriage
of your children and health care requirements
of your parents who are growing old.
This plan allows you to save for your future
financial needs to
fulfill the aspirations
of your
family.
A unit linked insurance plan (ULIP) is a life insurance product that
fulfils a customer's
need to provide
financial security to the
family in the form
of a life cover.