- 18 JUN 2018
How to cover your liabilities with insurance?
“Change your life today. Don't gamble on the future. Act now, without delay.”
Life is unpredictable. Will you be cutting a cake on your 80th birthday or is life going to be shorter? Will you be physically fit and healthy always? None of us would be able to answer these questions today but what we can do is secure ourselves and our family against these tragedies that may occur in the future. You may not be able to change your destiny, however you can ensure that the future is secured for you and your loved ones.
Life comes with a bundle of joy and a bunch of responsibilities.
These responsibilities are towards your family, your friends, your employers, your colleagues, etc. Now these responsibilities can be broken into two – primary and secondary responsibilities. Primary would be your family because all the hard work, pain and liabilities you have taken are mainly to keep your family happy and smiling always. Their needs are your needs and their pain is your pain. Their lives are impacted by your ability to fulfil the responsibilities you have towards them. You are a son/daughter, a spouse and a parent. If you’re the sole breadwinner for your family, your family members look up to you for hope and guidance too. Your parents may have certain expectations of which, taking care of them is primary. You are a strong pillar for your spouse and life without you is something that they haven’t even imagined about. Providing the best to your children is your responsibility.
Some of these responsibilities may be emotional like spending time with your family, discussing and resolving problems together, etc. However, most of them are financial responsibilities. What about these financial responsibilities when you aren’t around? What if life doesn’t give you a chance to fulfil them as you and your family members had planned? Even worse, what if your financial liabilities like your home loan, car loan, outstanding credit card bills, etc. become a burden on them? The thought is scary and devastating.
While your spouse or parent will be struggling to fulfil your financial responsibilities like household expenses, paying off utility bills, medical expenses, education expenses if you have children, etc. Imagine these loans and EMIs adding up to this list.
You have taken all these financial liabilities for the happiness of your family members today but did you secure your family members against these liabilities if any unfortunate event occurs to you tomorrow?
A term plan can cover your financial responsibilities and liabilities in case an unfortunate event of your demise occurs. A term plan is pure life insurance plan which covers risk. It protects your family’s future in your absence. Your nominee receives a lump sum amount in case of your demise. This lump sum amount can be used to fulfil all your financial responsibilities right from household expenses to loans in your absence. In this way, it takes care of your financial liabilities after you. Nothing can protect your family from the emotional distress of losing you but a term plan can protect them from major financial burdens so that they live their life smoothly even when you aren’t around!
It’s the right time! Don’t gamble on the future, act now without delay!
Protect your loved ones with a term plan. Calculate your premium here:
- 17 JUL. 2018
Keeping in pace with the promises of life
“90.18 kms in a day!” Hearing this, my non-runner friends laughed. But that didn’t discourage me. After all, my mantra is simple–One life, make the most of it.read more