The world is currently grappling with the most extraordinary public health challenge of the century- Coronavirus. The infectious viral disease has been declared as a pandemic by the World Health Organisation (WHO) claiming 7000 lives so far all over the world.
A life insurance plan is an essential part of financial planning and life planning for everyone. It is essentially meant to protect.
A sense of fear and unbearable hardship prevails across the world due to the COVID-19 outbreak. The virus has engulfed the globe and has spread to all corners of the world.
Term insurance is a kind of insurance policy that provides financial security to an insured person’s loved ones in the unfortunate event of the individual’s death. It is a cover you can opt for a specific term, which is why it’s called term insurance.
Considering the immense financial safety and peace of mind that a life insurance policy can provide, it is important that every person and family invest in one.
Unforeseen circumstances can often have a grave impact on the financial health of a person or even an entire family. That is why the importance of life insurance cannot be overstated.