Sentences with phrase «only earning member of a family»

I am 32 years old only earning member of my family consisting of my parents, spouse and a 4 year boy.

Any individual of the age group between 30 - 35 years and the only earning member of the family is included in the category of people who should go for a term life insurance with cover of Rs. 1 crore to protect the future of their family in case of his / her demise or any unfortunate incident.

Also, if are the only earning member of the family and you have dependents, you should ideally buy a life insurance plan without procrastination.

Any individual falling in the age group of 30 - 35 years and having more earning years or the one who is the only earning member of the family is included in the category of people who are apt for purchasing the term life insurance plan with cover of Rs. 1 crore as his / her family will have to fight many challenges ones the earning member is dead.

When you are the only earning member of the family, it is essential to provide your family an adequate financial cover, when you are not around.

It is a preferred health insurance plan when you are unmarried or the only earning member of your family.

Not exact matches

This type of plan can be particularly appealing to a business owner who has no employees (or who has only family members for employees) because while no contributions are required each year, if the employer contributes any amount to a SEP IRA during any given year, contributions to the accounts of all employees who have performed services for the employer during that year become mandatory (certain employees who are under 21, earn less than $ 600 during the year or have not worked for the employer for three of the five preceding years may be excluded from participation) and contributions must be uniform among eligible employees.

The team started small, comprising only of family members from the Gentle clan, but has since grown significantly and has earned recognition as a reputable team in the Belize...

Other myths that people have due to low awareness of this category are - «Life insurance is not affordable», «I am Single, I don't need life insurance», «It's for older people», «It's only for earning members of the family» and many more.

This is another misconception amongst policy seekers that a health insurance policy is needed only for the main earning member of the family.

As far as qualifying factors for joining this plan go, the life insurance cover of Rs 30,000 is applicable for only heads of families and any earning family members of ages 18 to 59 years.

A sudden demise of an earning member of the family will not only create an emotional impact but also a financial impact to the family members.

Due to the death of the only earning member in the family, the loved ones suffer huge emotional stress and the loss of income adds up to their burden.

While that wasn't a big problem as he is young, yet diversification is crucially necessary, as he is the only bread - earning member of his family right now.