Indianmoney Review Bangalore - Top Life Insurance Riders That You Must Know
It’s great that you have availed a life insurance policy to protect the future of loved ones. In this World of uncertainty, only life insurance can provide for your family when there is a loss of income on an unexpected demise. As Per Indianmoney Review Bangalore , if you are the breadwinner of your family, then it is extremely important for you to avail a life insurance policy. Life insurance plan covers the risk of death of the policyholder, within the term of the plan. The main purpose of availing a life insurance policy is to substitute for loss of income, when the breadwinner of the family passes away. Indian money Review Term Life insurance policies are pure risk protection plans with no survival benefits. Life insurer pays out the sum assured or death benefits to the nominee or beneficiary, when the insured dies within the term of the plan. This helps family members continue leading the current lifestyle. Types of Life Insurance: Term Life Insurance Policy