05 November 2019

When Life’s Candle Extinguishes

Nirmala Konjengbam
Our family’s future tops our concern list. Unforeseen events will never arrive with prior notice. Therefore, it is best that we do the needful to secure our dear ones from financial troubles. Having said that, the question might naturally arise, how can their future be secured given the vast array of investment plans available? The answer is simple. Over time, life insurance has emerged as one of the most popular options to help us in achieving financial security for a family in the event of any unfortunate death or critical illness. And, depending on the requirements, one can choose from a wide range of life insurance product to provide adequate financial protection to their family in case of any eventuality. The common type of claims in life insurance is maturity or survival benefit claim and death claim. A survival claim can also be described as benefit derived by the insured...
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