Life insurance has several and important purposes. Its most important function is to replace the earnings that would cease at the death of the insured. For businesses, life insurance is a way to protect key employees and the business itself. A third purpose is to use life insurance to pay potential estate taxes.
No one wants to leave their family unprepared for the future. Planning today can protect the promise of your family’s tomorrow. Following is information about life insurance you need to consider:
- To Replace Lost Income
- To Pay Off Debt
- To Pay Final Expenses and Offer an Emergency Fund
- To Help Pay for Your Children's Education
- To children’s marriage.
Most of the time we think that our family gets money only when you will die but now picture is different LIC of India providing Life insurance policies with LIFE insurance as well as money back.
Now you can save money as well as Whole life Protection with LIC’s Jeevan Anand Plan has got both the features of Endowment Plan and Whole Life Insurance Plan.With this plan you will get Full Payout at maturity (Sum assured + Bonus) and Risk coverage even after maturity as well as Accident Cover upto the age 70. . This is with profit plan and throughout the lifetime of the life assured with the provision of payment of lump sum at the end of the selected term in case of his survival. LIC has several interesting children’s Policies, money back Policies , Pension plans Which helps you to save money and LIFE Insurance
