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Life insurance covers the risk of death; health insurance covers the risk of sickness; where as personal accident insurance covers the risk associated with accidents. If the life assured is seriously injured in an accident and disabled either temporarily or permanently, he/she will not able to work and earn. To minimise the financial hardship of […]
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Prasad (42) works with Indian Railways as an engineer and his spouse Subhra (35) is a home maker. Prasad has all along been posted in project areas away from urban centres. They have two daughters Vaishna (11) and Vaidehi(5).They are staying in their official accommodation and have rented their owned flat. Besides the regular savings […]
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A family typically has various needs. A regular income & a house to live in alone is not enough. There are other needs like providing for good education & future needs to children, going for vacations and finally leading a financially secured retired life. The risk to the family arises when there are uncertainties in […]
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