Maturity benefits: what you need to know when buying insurance
shared by lifeinsurancesp... on Jan 27
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Buying life insurance is a necessity to protect your loved ones in case of death, accidents or disabilities that lead to a loss of income. Though you cannot put a monetary value to a human life, the c...
ompensatory amount is determined based on the loss of future income. That is why the term 'sum assured' stands for the guaranteed amount that you or your family will receive in case the policy-holders passes away or is disabled.
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