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Life insurance Life Insurance as risk cover.We offer you a Bouquet of Life Insurance plans which are also should be made use of at different stages of life for obtaining financial benefits for different requirements.You need to consider as a PURE RISK COVER AS YOUR FIRST CHOICE. Like, Children Education, Wedding Plan, Retirement Plan, Annuities, etc; & as a Wealth Creation process. Some plans comes with life cover, some may not be. You need to consult a Professional, to choose the right product mix at the right time of life stage! We at Growmoneyfincorp.com, advise you, as a professional in the industry, the right plan at the right time, based on your need & objective.  Life is a great adventure:Risks and uncertainties are part of life's great adventure- accident, illness, theft, natural disaster,they are all built into the working of the Universe, waiting to happen. Insurance then is man's answer to the vagaries of life. If you cannot beat Man-made and natural calamities, well, at least be prepared for them and their aftermath. What is a RISK COVER?Insurance is a contract between two parties - the insurer (the insurance company) and the insured (the person or entity seeking the cover) - wherein the insurer agrees to pay the insured for financial losses arising out of any unforeseen events in return for a regular payment of "premium". These unforeseen events are defined as "risk" and that is why insurance is called a risk cover. Hence, insurance is essentially the means to financially compensate for losses that life throws at people - corporate and otherwise.Life Insurance as PURE RISK COVER:Insurance also provides a safeguard in the case of accidents or a drop in income after retirement. An accident or disability can be devastating, and an insurance policy can lend timely support to the family in such times. It also comes as a great help when you retire, in case no untoward incident happens during the term of the policy.We have been mentioning in the earlier web pages, we wish to ask you, again, "DO YOU HAVE AN ADEQUATE RISKCOVER FOR YOUR LIFE? " Think a while, honestly!
You need to consider as a pure cover as your FIRST choice.  Term Plans OR Preferred Term Plans:Buy peace of mind with term insurance! "What will I get at the end of it?" That is a question most individuals ask their insurance agent before buying a life insurance cover. In the quest to pocket big money at the end of the term, most customers lose out on adequate life cover. The eye-popping returns, claim investment experts, are nothing to crow about either.Welcome to the world of term insurance cover, where insurance and investment are two different things. And the twain shall never meet. It is a simple product: you buy a term cover and your dependents will be compensated if something happens to you during the term of the cover. If you outlive the policy, well, good for you. But the insurance company won't give you any cash prize for that. "It takes time to explain to clients, why they should buy a pure vanilla life cover and not treat insurance as an investment," says Sumeet Vaid, founder, Freedom Financial Planners. For any other query Or if you have questions , |
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