What are some benefits of life insurance?


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What are some benefits of life insurance?
Life insurance is a cover for our life..one should not think to make money out of it. In India insurance is sold as an investment, mostly by LIC agents....

We should take only term insurance and if one wants to invest should opt for equity, mutual fund, FD etc.

You can find more knowledge on this in internet. :thumb:
Life insurance policy provides the main benefits of savings and security. Other benefits of life insurance policy is - Risk Cover, Tax Benefits, protection against critical diseases and medical expenses.

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