FINAL DESTINATION FOR EVERY LIVING INDIVIDUAL IS DEATH AND NO ONE CAN ESCAPE FROM IT.
The question remains is :
What will happen if you reach your final destination early than expected? IS YOUR FAMILY PREPARED TO FILL THAT GAP?
This GAP can be filled by creating the required amount of wealth to suffice all needs or you need to make provision for your replacement.
Provision is possible only by protecting yourself with Pure Term Insurance.
What is Pure Term Insurance?
- A Term insurance plan is pure protection. Just like car insurance, as per my opinion – term insurance must be compulsory for every citizen. Because buying term insurance will help your family to sustain well in the event of unforeseen death of the bread earning person of the family.
- For example: If you meet with an accident and your car is damaged, your mind is free from worry if you have valid car insurance. Normally we prefer taking full insurance to get a full replacement of the damage.
- JUST THINK! – WHAT IS YOUR VALUE AND HOW WILL YOUR FAMILY SURVIVE WITHOUT YOU?
- This is thought provoking and mind triggering. We all have to make it clear in our minds that, the final destination for every living individual is DEATH and no one can escape from it.
- In case of such unfortunate fatality, how much term cover one should have? Car insurance value is defined by Insurance Declared Value (IDV). In case of living people this is the Human Value which needs to be replaced?