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How Life Insurance Secured This Family's Future

November 04, 2016 1557
Nelson Mandela, former South African President and anti-apartheid revolutionary, once said, Children are our greatest treasure. They are our future. The quote summarises what every parent feels while planning for their child's future. From the time your child starts going to school, you should start looking for ways to invest in the child's future. An insurance plan is one of the ways in which you can secure the future of not only your offspring but the rest of your family too. It is very much like the fire alarm in your building which may not come in use on a daily basis, but can be a life saver when it detects certain levels of smoke that could be an indication of fire.

There are many types of insurance plans, but the most important one you should consider opting for is the life insurance plan. You need to understand the uncertainties of life and plan for financial security of your loved ones. You may rely on the assets you've created but what if they are not enough in case of an eventuality? This is where alife insurance plan comes to your rescue. By opting for life insurance, you can make sure that your family continues to live the life you've worked so hard to give them.

In simple terms, life insurance provides financial security to your family when you are no more. The proceeds can help your spouse cover household expenses, and fund your child's education. Take Aarti Natarajan, a doctor from Pune, as an example.  er father was an avid gardener and believed in a simple but deep analogy: If one wants to enjoy a fruit in the future, one must plant the seeds in the present. He imbibed in his young daughter the virtues of sound financial planning. Little wonder that he opted for life insurance to ensure his beloved family is taken care of if the unexpected were to happen.

Aarti's father passed away while she was in college. Concerned about putting the family finances in order, she considered dropping out of college and earning some money. Imagine her surprise when her mother revealed that her father had opted for a life insurance as asafety net.

Start planning wisely for your family'sfinancial future and ensure that their dreams are fulfilled. All you need to do is to purchase a plan that suits your own individual life insurance needs and pay the premiums accordingly.

Watch this video to learn how Mr Natarajan's decision to opt for an insurance plan acted as an anchor for his daughter's dreams.  

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