Life insurance is one of the most important financial products for long-term security. Many people think life insurance is only needed when someone is old or sick, but in reality, it is essential for anyone who has financial responsibilities, dependents, or long-term goals. Here is a detailed explanation of why one needs life insurance : Message me for more details and to buy LIC life insurance. 1. Financial Protection for Your Family If you are the primary earner or contribute to household income, your family depends on you. In case of your unexpected death, life insurance provides a lump sum amount (known as the death benefit ) to your family, helping them maintain their lifestyle and pay for essential needs such as: Household expenses Rent/EMI Groceries & utilities Children’s education Medical expenses Without insurance, your family may face financial hardship or debt. 2. Covers Loans and Liabilities Many people have home loans, personal loans, education loans, or ve...
Discover LIC’s Bima Kavach – a pure risk term insurance plan offering coverage up to ₹2 crore, flexible premium options, life stage enhancements, and instalment payouts. Learn key features, eligibility, benefits, and why it’s ideal for long-term financial protection. Here’s a clear summary of the LIC Bima Kavach plan. Note: This is not official website. Iam an authorized Insurance agent. Please message or contact me to buy this insurance. 🌟 Key Features Pure risk life insurance plan (non-linked, non-participating). Provides financial protection to family in case of death during policy term. Choice of two death benefit options : Level Sum Assured (fixed cover). Increasing Sum Assured (cover grows annually up to double). Premium payment flexibility: Single, Regular, or Limited (5, 10, 15 years) . Coverage available up to 100 years of age . Options: Enhance cover at life stage events (marriage, childbirth). Death benefit payable in instalments (5/10/15 years). Special...