Men and women all over the world head out each day to their respective places of work in order to give a good life for themselves and their families. This work not only contributes to their personal wellbeing, but it also contributes to the overall economy. Homemaking and other domestic work have long contributed to the social and economic well-being of any society. Housewives have served as the managers of household operations, taking control and care of the home. Despite their important role in society, they are always underestimated.
Before to you write off the idea of buying a life cover for your wife, we want you to have a look at the following duties which are both crucial and matchless. Afterward, you will be able to settle on why her role is more than worthy of a life insurance.
She is the multi-tasker who dons the hat of a cook, housekeeper, laundry person, and more. Just because your wife is not bringing home the bacon, it doesn’t mean she isn’t contributing to the family’s income. She is the one who takes care of the children and all your needs and indirectly playing a very crucial role in the society by giving her valuable input.
That’s where you should think about a Term Insurance Plan. It can be the best gift to your wife so that; she can protect your children and parents from future financial crises in your absence. At this venture, Edelweiss Tokio has launched a new product Zindagi Plus.
The USP of Zindagi Plus is the ‘Better Half Benefit’. A very important feature of this benefit is that it also covers housewives too. Under which, after the death of the policyholder, a life cover will start in your wife’s name which will be 50% of the life cover of the policyholder, up to Rs 1 crore. Your wife won’t have to pay any premium and the nominee will also get the sum assured. The policy will continue till the end of the actual policy term.
As done by Mr. Kapoor who is a 28-year-old salaried individual having an annual income of – 8 Lakhs per annum, got married 2 years ago and at the very moment, he opted to purchase a life insurance plan. He buys Edelweiss Tokio Life – Zindagi Plus with ‘Better Half’ Benefit with a life cover of Rs. 2 cr up to the age of 80 years. Tomorrow, if he meets with an untimely demise before his policy term ends, his family will get a sum assured of Rs. 2 cr and not only this it will also give a life cover of Rs. 1 crore to his wife which will start immediately for the remaining policy period. Mr. Kapoor’s better half, Riya his children and his family will have a financially peaceful life as they don’t have to pay any premium for the remaining policy term and their also covered.
A housewife does a lot of work that hardly gets noticed. Proper life coverage for homemakers should always be an imperative part of the budget of a family.