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What is Life Insurance?

You will do anything and everything for your loved ones. You and your family have many goals in life. You may have planned for the best education and royal marriages for your children, financial freedom in retirement life, dream home, dream car etc. Finance is needed to fulfil all these goals. Life insurance is the replacement of income or expenses for your loved ones if you are no more for your family due to any unfortunate event.

Thinking about why you need life insurance can be an emotional and stressful task. However, life insurance is one of the most responsible decisions you can make to ensure that your spouse, children or other loved ones can continue to enjoy the quality of the life they deserve. It gives some peace of mind in financial matters to you and your family.

With a life insurance policy in place, you can:

• Provide security to your family.
• Protect your home mortgage, loans, credit card borrowings etc.
• Provide finance to your loved ones to achieve their goals in your absence.
• Ensure that your family is able to maintain their lifestyle, no matter what happens to you.
• Take care of your estate planning needs.
• Provides pension after retirement.
• Provides pension after retirement.