Sentences with phrase «taking life insurance cover»

May I know the reason for taking life insurance cover?

May I know the reason for taking life insurance cover?

A total of 108 people have availed of the accidental insurance cover, while another 152 have taken the life insurance cover provided by the scheme.

Not exact matches

A life insurance policy is cover that a person takes out, keeps up with the monthly premiums and in turn the insurer undertakes to pay their dependents / beneficiaries out upon their death.

As for why the corruption, all the obvious reasons: a) the country's made up of a zillion different historically hostile tribes arbitrarily thrown together as a country by the Brits; b) life is short, there are few official safety nets (e.g., unemployment insurance, pensions), so there are few moral qualms about taking care of your own, no matter what; c) there's not yet any sort of history of democracy, of regulation of profiteering — this is a very young, very capitalist country; d) the outside world and all its wealth provides tremendous incentives for corruption — the amount and indiscriminate nature of foreign aid, the fact that the amount of money that would eventually be paid for, say, a rhino horn dagger will trickle down to paying the poacher enough money to cover his kids» school fees for years; e) the fact that the west encourages the illicitly wealthy in the developing world to hide their loot in western institutions (e.g., Swiss banks).

I wanted to take icici iprotect term insurance for my wife (1cr life cover).

Dear Vineetha, Infact, I believe that 30 years is the right time to take health / life insurance covers.

Below, we explore whole life insurance further and take a look at the types of expenses these policies are often used to cover.

Taking out a life insurance policy to cover the cost of cosigned student loans could be a better option.

The cost of insurance over decades of potentially increasing premiums, all the while ensuring the insurance policy is large enough to cover the income tax liability, is problematic (alternatively one can wait until later in life to insure and take a chance on whether they can still obtain insurance).

A savings plan that provides increasing income every year ensuring that the rising expenses are taken care of and Life Insurance coverage in case of an unfortunate event to keep your family covered even in the worst eventuality.

Critical Illness Cover can be added for an extra cost when you take out either life insurance or mortgage life insurance.

So please take a moment to get familiar with the different products out there so you can better enjoy the following article that covers the top 10 no exam life insurance companies for cash value accumulation.

It's industry shorthand that describes a small whole life insurance policy that is designed to take care of funeral costs for the person being covered.

Take a mortgage insurance policy if you already have life insurance to cover general expenses associated with your death, or to supplement a life insurance policy through your employer.

Your life insurance cover amount should be decided after taking into account the following factors:

It might be worth taking out a life insurance policy on that person or finding out a way to ensure that you'll be covered if something happens to them.

That's when you use your Bronx renters insurance and take advantage of the loss of use coverage on it to make sure you have alternative accommodations and your other additional living expenses are covered.

Add Critical Illness Cover when you take out a life insurance policy for an extra cost and cover specified conditCover when you take out a life insurance policy for an extra cost and cover specified conditcover specified conditions.

Dear Abhee, If jeevan saral is the only policy you have with Rs 5 Lakh cover, suggest you to take Term insurance plan with adequate Life cover at the earliest.

Working out how much life insurance cover you need to take out requires a bit of thought.

If you have a large mortgage or student loans and want those bills taken care of should something happen to you, you'll need a life insurance policy large enough to cover them and replace your income.

I use cheap term life insurance to cover debts, and to take care of my wife, kids and family expenses.

Hi Joshua, As a CLU, what is your take on Index Life Insurance, and do you have a podcast episode that covers that topic?

In practice, life insurance policies have an exclusion period for suicide when the policy is taken out where it is not covered; after that it is.

Most serious illnesses typically manifest in this age bracket, so you'll surely want to take immediate action if you don't have any burial insurance protection to cover your end of life costs.

Since all U.S. life insurance companies require that you quit smoking for a full year before you can get non smoker ratings, we recommend you take out a policy to cover your needs now, and then if you can quit for 12 consecutive months, you can either apply for a new policy, or apply for a health class reconsideration with your existing insurance company.

Critical Illness Cover can be added at an extra cost when you take out either life insurance or mortgage life insurance.

When comparing life insurance quotes you need to take into consideration what the premiums will cost, what benefits the policy offers, as well as if the policy offers any other extended cover for other life changing events such as permanent disability.

With everything I know about term life insurance, it still took me 3 weeks to get a life insurance approval decision when I decided to get a few quotes and get covered.

By taking expert advice and economic variables into account, this tool could effectively tell you how much your Life Insurance Cover should be.

If you are living on your own away from your family and you are taking care of your own bills, your belongings are no longer covered by your parents» insurance policy.

People most commonly take out a life insurance policy to cover their own life.

It offers a variety of life insurance plans to cover consumers» needs and ensure their loved ones are financially taken care of.

Most life insurance policies are taken to cover children after a divorce settlement or only valid until the child turns 18 years old.

Make it a habit to review your life insurance needs and change your life insurance cover whenever there is a change in the financial situation, such as a rise in your income or a rise in financial responsibility by way of an additional family member or the need to take care of aging parents or a large house loan.

While scouting for a life insurance cover online, you can read reviews of policyholders and can take a better decision based on this information.

Having enough life insurance in your financial plan can cover these costs, preventing your family from having to drain their emergency savings, tap into a retirement account, or being forced to take out a loan at this very difficult time.

It's smart to buy life insurance to cover the time it would take to pay off those loans.

This is one of the best reasons students with a significant amount of private student loan debt should consider taking out a life insurance policy large enough to cover the costs of their student loans and any interest accrued.

As part of your estate plan, a life insurance policy can ensure that your heirs not only have the readily available cash to cover your final expenses, but to help cover the possibility of estate taxes that could take a big chuck out of the money you wish to leave to them.

This will ensure that even if they get the life insurance cover amount in a lump sum, they can use the interest of the amount thus received to pay off the rent and if possible, also take care of other expenses.

This new term plan from Kotak Life Insurance Company also provides policy holders with options to avail additional cover at different intervals to take care of their increasing responsibilities.

Ideally you should take a hospitalisation cover for at least 5 lakh or 50 % of the sum assured of your life insurance policy.

With the protection of a life insurance cover, they also provide the option to earn market linked returns to take care of important goals in life.

In addition, some of the best life insurance companies in India offer comprehensive plans that also take into account these expenses or provide optional riders that allow you to add these covers for some additional premium amount.

Your dependents rely on you for taking care of everyday expenses, so your life insurance policy should cover those costs.

Insurance cover requirement varies from individual to individual and this is the first point to take into account when comparing online term life iInsurance cover requirement varies from individual to individual and this is the first point to take into account when comparing online term life insuranceinsurance.

While many people have taken out life insurance policies, a standalone personal accident policy is highly recommended as it will cover the insured person at a nominal premium rate, especially when compared to life insurance policy and also provides the advantage of covering minor injuries and the loss of income.

These pricing tables are complicated and impressive matrices, designed to cover the total risk that the life insurance company is taking on, plus pay for marketing, plus pay for agent and broker commissions, plus make a profit for the company.