"Powered By Ideas, Ideals & Idealism"… A Blog By Prerna Jain !!
r u 3 levels protected ??
1. BASIC PROTECTION :–
protect day -to-day household expenses & loans : be able to maibtain current lifestyle .
avoid financial burden on ur loved ones even in case of any eventualities . in case of death or disability .
2. BUILDING BLOCK PROTECTION :–
protect basic & higher education of children in family : create corpus in case of untimely death; the plan continue without the premium payments (waiver of premium) . protect expenses during retirement period & receive regular income . make financial plans for large family events like marriage etc. financial protection for health care, hospitalization ,surgery ,critical illness etc
3. ASPIRATION PROTECTION :–
creating legacy for the next generation . wealth creation for aspirations like foreign trip, study abroad etc .
SO, where r u ????