In this case, key man life
insurance serves a dual purpose.
Those who know about insurance products are conversant with the way that
insurance serves the dual purpose of offering protection and acts as an instrument for saving money.
Not exact matches
«Consumers often don't know that permanent life
insurance policies can
serve a
dual purpose — to ensure a family is adequately protected in the event of a primary caretaker's death and help plan for retirement.»
HDFC child plan
serves the
dual purpose of
insurance and investment.
Investing in a good child
insurance plan,
serves a
dual purpose of investment and
insurance for your child.
Endowment plans
serve the
dual purpose of
insurance and investment: they provide life
insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.
While ULIPs
serve a
dual purpose of life
insurance + investment, mutual funds are pure investment products.
The Policy
serves as a
dual purpose, which states that it not only works as an
Insurance Policy but also
serves as a Long - term Investment, with decent returns offer.