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Life Insurance
Mayıs. 18, 2008 · Kategori: Life Insurance
Loss of a family member is a catastrophe which glooms a family’s
life. But even more tragic is the death of a sole bread earner
for the family, who then has to go through the pain of losing
their loved one, as well as the financial loss putting their
survival in jeopardy.
This financial hardship due to a sudden death of a family member
or a disability resulting to a loss of job or inability to work
can be avoided to a great extent by taking up a life insurance
policy.
A Life insurance or disability insurance covers such losses and
pays a family, compensation to restore the earnings lost by them
due to a sudden death or disability.
The monthly premiums for a life insurance are generally based
upon the age, health, and occupation information of the
applicant, in addition to the total benefits to be paid to him
for his policy.
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