Calculate the life cover
The insurance advisor will help you calculate the amount of life cover – or the sum assured. He will assess sources of your income, number of your dependents, your debts and liabilities and your expenses based on your lifestyle and arrive at a life cover. He will also decide the best plan be it – a term plan, endowment plan,unit-link insurance plan or a combination of plans, to help provide you with an optimum life cover.
Likewise, if you have other needs like planning for your child’s education or marriage, pension for your retirement or a woman’s insurance plan for women, trust your advisor to do the math and come up with an ideal solution.