Insurance

Watch This Before Buying Term Insurance – 5 Mistake Everyone Make

by

Summary This blog discusses the top 5 mistakes people make while taking term insurance, including inadequate coverage, delaying the purchase, not opting for riders, and providing incorrect information. Highlights 💰 Financial mismanagement can occur if people do not know what to do with a lump sum payout from a term insurance policy. ⏰ Starting a term insurance policy early can result in lower premiums compared to starting later in life. 💵 Adjusting the sum assured for inflation ensures adequate coverage over time. 🛡️ Opting for riders, such as critical illness coverage, provides additional benefits to the policyholder’s family. 📝 Disclosing all pre-existing ailments is important to ensure smooth claim settlement. Hey folks!!! I am here and I welcome you all to a very very important video wherein we are going to discuss the top 5 mistakes that people make while taking a Term Insurance. Now why did I do this … Read more

Learn Basics of Disability Insurance 2024

by

Think about plan for long term which can provide replacement for your valuable income in event that you are unable to perform your job due to injuries or illness. We can face various unexpected obstacles. It could be health issue or an injury which prevents us from performing our job. Indeed, 61 % of people living across U.S. live with some type of disability in accordance with most up to date information provided by Centers for Disease Control. Additionally, about 1 in 20 people are likely to become disabled in near future, when they hit age of retirement due to an illness that is disabling, for example, muscle injury bone or bone fracture or cancer, mental illness or stroke. The absence of work is an issue because around 40 percent of U.S. consumers say they would not be able to make $400 in event of an emergency as per Council … Read more