Life is unpredictable. So, it is important to ensure that your family and loved ones are taken care of financially in case something happens to you. This is where life insurance comes in. It can provide some financial peace of mind if the worst were to happen.Life insurance offers a way to replace the loss of income that occurs when someone dies. Life insurance is insurance for you and your family's peace of mind. With a life insurance policy in place, you can
Provide security to your family
Protect your home mortgage, loans, credit card borrowings etc.
Provide finance to your loved ones to achieve their goals in your absence
Ensure that your family is able to maintain their lifestyle, no matter what happens
Take care of your estate planning needs
Look at other retirement saving/investment vehicles
Health insurance is the insurance which protects us from any health emergencies & incurred hospitalization expenses. In this busy and hectic life everybody should have a health insurance policy which can be very useful in time of emergencies. Health insurance, also known as medi-claim policy, allows you to claim cashless hospitalization or reimbursement up to the sum insured limit.
Every human suffers from some illness or injury in lifetime.
Emergencies or illness can come anytime without giving any warning.
Medical inflation is double the time of general inflation in India. Medical cost are expensive and doubling every 5 years.
Doctor's fees, diagnostic charges as well as the medicines value are too expensive. Health is wealth.