Wednesday, November 12, 2008
Life is to live about all the good memories that you and your family will cherish you by, when you are not there ,but do you think that it will continue .Because nothing is secured today,neither your life nor your job.
Until you are single ,its different but when you have a family your share of responsibility increases .Since quite few years after load's of hard work, time and energy you have acquired wealth,share of investment .Now think for a moment what will will after few year's when you are out of the picture.Will the wealth that you have acquired would suffice your family say after ten year's,as everyone one is aware of the economic condition overall.
We need to plan accordingly .in order to give a better life to your family so that there might no shattering due to lack of finance to your kids.Term life insurance can protect your family 'financial problem when your are not there by helping them for college and living expenses.
In order to secure your family of an unfortunate accident and leaving them in a state of misery and to ensure a safer future of your family you can choose with any policies that benefit you. however the best part of term insurance is that it is for a shorter period of time.This policy will secure your family from debt when you are not there.This policies also help in paying any loan/debt taken by you to own a home or a car when you are gone .say if you have bought a home and you need to pay monthly installment.If your spouse dies unfortunately then the dependent can pay off the bill in due date what ever be the situation of your home.
The term duration of the policies is totally dependent upon you as per your need , you can opt for a short term or long term,you should renew your policy term annually.Because life is unpredictable .We don't know what will happen tommorow.So it's better to secure your future tommorow