Golden Rules Of Insurance
1
Insurance in the only product where people say NO before they KNOW
2
Invest 5% to 10% of yourly income for few years for tension free life
5 Excuses for NOT taking Life Insurance
1. Insurance plan without any return is not worth it
2. Insurers do not give claims
3. I'm young, fit and healthy and hence do not require Life Insurance
4. I have company sponsored group insurance
5. Buying Term insurance early is not beneficial
Always take advise from Finalcial planner for Life Insurance
Buying Insurance early means Lower premium and greater protection
Insurance helps you to TRANSFER your risk to Insurance company
In 2050, value of 1 Crore will be 29 Lakhs
There is no other product in the world like INSURANCE which creates money that does not exist yet...
Newly weds should consider Life Insurance to protect each other financially
Don't say 'I don't have time' or 'I will decide later' because we do not want to hear 'Sorry, it's TOO late'
Invest in Stocks, MFs, Real Estate, Gold etc - But always begin with Life Insurance