Did you Purchase the Right Life Insurance Policy for Yourself?

life Insurance

Consider the following points when you purchase an insurance policy: 

 Disability income protection: You are paid a monthly amount in case you are unable to continue working due to an accident or illness. 

 Hospitalization and surgical cover: This is to take care of your hospital bill when you are unfortunate enough to be admitted into a hospital. 

 Term Policy: You can take out term insurance for a specific period to cover premature death. This is a low-cost cover for a high death benefit. However, when you survive the term you get nothing.

Image source: https://economictimes.indiatimes.com/wealth/insure/life-insurance/how-to-choose-the-right-term-insurance-plan-for-yourself/articleshow/69069966.cms?from=mdr