NEED OF LIFE INSURANCE

Hello Friends,

This blog is related to the need of insurance. 

We all think that there will be no need of insurance because we can't get the benefits from it in our life. There is a mind set  that life insurance is amount which is for others(i.e. family & friends) after the death of the life insured. But it is not true. 

We can get the benefits of insurance at the time of our life. So let's check how is it possible?

Need of Life Insurance:

• Life insurance policy is the policy in which you can also invest your money and get the benefits of the amount invested during his life time in the form of  money back, pension, lump sum amount at the time of maturity.
• Life insurance is an additional amount which we will be given to the nominee after the death of an insured person.
• Life insurance policy also offers you the Tax benefit u/s 80 C and u/s 10(10 D) at the time of maturity for getting tax free maturity amount.

Hope this will be helpful to you.

Thanks & Regards 

Kulvinder Kaur
B.Com(H), MBA(Finance)

9871580806,8826566751

rightsteptoinvest@gmail.com