The biggest reason to take life insurance

Is your salary your family’s sole source of income? If it does, then you need to take life insurance as soon as possible.

It may sound like a cliché, but it is true that the only constant in life is change. Many times, life does not follow the trajectory we set out for it. We imagine a certain kind of future: good job, a house, children attending good schools, a stable retirement. But how many times do things pan out exactly in the same course? Life has a way of suddenly altering the course of our destinies, and there is nothing one can do about it.

A person may be out for dinner with friends, and suddenly suffer cardiac arrest. Another might be walking home and suffer a fatal accident while crossing the road. The point is, life is full of unexpected shocks and surprises. One might be happy and hearty one moment, and the next moment might bring untold grief. One cannot predict what the next minute will bring.

Imagine if this were your life’s story. As the sole earning member of the family, it is your responsibility to ensure that your family’s every need is taken care of. You are aware of the tremendous burden you carry on your shoulders: your family is solely dependent on your income, and you cannot jeopardise them in any way. This means that you must be in the prime of health every day, and be around for your family forever.

Except, nobody is around forever. What happens when you are absent from your family’s life? How will your loved ones manage their household expenses, children’s education costs, medical expenses, etc.? These and other expense heads can be taken care of by the simple expedient of purchasing life insurance.

Life insurance plans make fiscal sense on many levels. They safeguard your family against an uncertain future in your absence. Despite your best efforts, your salary may not allow you to save money diligently every month or make investments. Hence, if there isn’t a lot of money in your savings account, your family is bound to suffer from financial shocks in your absence. However, a life insurance policy provides a large corpus of money to see your family through all its financial needs.

Life insurance companies in India offer you the option to purchase life insurance plans that provide for your family upon your unfortunate demise. Your loved ones receive the sum assured in a lump sum amount – this can be used to pay for children’s education, emergency medical expenses, unpaid liabilities like home loans, etc. Your life insurance policy helps keep your family protected from penury and harassment from creditors. 

Isn’t that what you’ve always wanted to ensure, your family’s safety and protection? Get it with life insurance