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Life  Insurance  is  Must – have financial instrument in your portfolio, especially when you have family members dependent on your Income. Buying adequate Life Insurance provides financial safety for your  family in the event of untimely death of a Bread earner. And inadequate jeopardizes your financial planning. 

However life insurance can also b used as an Investments Tool to generate returns along with protection, one major benefit of buying LIC is also the Tax benefits they provide

Here  a  prudent  earner  must  evaluate  the  insurance  coverage  he  needs,  on  the  basis  of  his/her “ HUMAN  LIFE  VALUE “  (HLV) concept, Because any unfortunate death of a wage earner can stop the running continuity of a family & put the entire future planning of a family at stake.  

( HUMAN LIFE VALUE )  can b arrived as under

For e.g If A  Person is earning Rs. 1,00,000/- p. m.

In that case He has to take Insurance worth 200 times his monthly Income as per HLV Concept

i.e   Rs. 100000  x  200 =  Rs. 2,00,00,000  ( Two  Crores), which costs hardly 2500 – 3500 p. m*. 

which He can easily pay from your current income of Rs. 1,00,000.00

So, in case of an unfortunate Death, his family gets 2 Crores in hand, Which Which They can put it in Safest Investment avenue of  7 % Interest  and earn  around   Rs. 1,00,000 p. m.  &  can survive for the rest of the  life,

In  Short, Life Insurance is  must in every one’s Financial Planning,

For your Own Retirement, For Your Children’s Higher Education &or For their Marriage event

And lastly for their security & safety in case of unfortunate death of a Bread Earner. 

Thank you & Wish you Happy Journey Towards Long life. Choose the Plan as per your needs & enclosed leaflet