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Life Insurance

When we hear the term Life Insurance, what immediately comes in to our minds is death. Piyush Girdhar would like to change the way we think. We can get insurance for our lives and not need to die to be able to use it.

We may be working hard today to provide for our family needs. We invest on home, car and other things we may need for our day-to-day living. We also think of our future, our family’s future in case we’re gone. Some people invest on life insurances that would give their family financial assistance when they die. But what if you do not die? What if you suffer from serious illness and are forced out of work? Will your family be able to maintain your standard way of living? Or would you have to start giving up your investments one by one just, so your family can either survive or provide for your medical needs?

Life insurance was established to provide funds at death for such items as paying final expenses and debts, and providing an income for dependents. In the case of cash-value insurance, living policy owners can benefit from their policy in terms of disability coverage, annuity benefits and emergency funds. Policy owners may also be entitled to dividends.

Individual needs may vary and there is no single answer that will suit everyone. While term insurance may be appropriate to cover a short-term or temporary need, permanent insurance or a mix of the two might better serve your needs. Your insurance advisor can assist you in ensuring the appropriate type of coverage is considered by taking into account personal circumstances. Keep in mind that your level of life insurance coverage may need to be changed as your circumstances and age change. You should plan to review and update your policies every few years. When you make an application for a life insurance policy, with the help of your advisor, you must provide information that is accurate, honest and complete. Otherwise, the payment for a claim may be denied. In some cases, a medical examination may be required. This would give you the peace of mind knowing that your loved ones are in good hands.

Buying life insurance can be complicated because of the many options available. However, Piyush Girdhar, has a full understanding of insurance and insurance products, and can work with you to find the best insurance plan to meet your needs and your budget.