Life Insurance: Your Needs Dictate the Kind and Level of Protection:
Life insurance, payable when you no more in the world, can provide a surviving spouse, children, and other dependents the funds necessary to help maintain their standards of living, can help repay debt, and can help fund education tuition costs. The amount you need depends on your situation. If you make Rs.1,00,000.00 year, have a sizable mortgage, and two kids headed to a good (read: expensive) college, you could need as much as Rs.10,00,000.00 in coverage.
Insurance is an important element of any sound financial plan. Different kinds of insurance help protect you and your loved ones in different ways against the cost of accidents, illness, disability, and no more.
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