Having car insurance is essential because it covers your expenses in the event of vehicle damage or injuries to other drivers, passengers or pedestrians.
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Uninsured people receive less medical care and less timely care, they have worse health outcomes, and lack of insurance is a fiscal burden for them and their families.
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Retirement planning is important because it is the determining factor of your satisfaction with your retirement lifestyle which must be continued.
You dream for child's best education, career and marriages and for that you work hard and save money but who is after you to take care of them.
Today life means lifestyle!!! If not then at least living cost for you and your family. Life insurance is a must if you want to secure your life as well as the life of your loved ones in future. Life Insurance can support ones life/family's life in many ways as - Provide safety and security, Generates financial resources, Life insurance encourages savings, Promotes economic growth, Medical support, etc.
Really good question! Term is a type of life insurance that provides a potential death benefit for a fixed period or "term." This is commonly a flat premium for say, 5, 10, 15, 20, or 30 years. After the end of the term the policy no longer provides a death benefit. The other common characteristic of term life is there is generally no cash accumulation, which helps keep the cost relatively low. Term is often characterized as temporary insurance.
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