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Can your family afford to lose you



Can your family afford to lose you

As a pillar of Family, there would be goals to be met and each of them requires money. The financial planning process for an individual begins by identifying the various goals at different stages of life. Even before you start to save for the child needs as a parent, first consider taking a life insurance cover.

Financial planning contends that a term plan is the best form of insurance because it gives a very high cover at a low cost.

Term plans provide you lump sum payout to your nominee in unfortunate death. This amount can be used to pay your existing liabilities and regular expenses.