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Why You Need a Life
Insurance Cover
Life comes with risk. Are you protected?
Powered by
• Anyone who has financial
liabilities.
• Anyone who does not have
enough assets to fund their
retirement adequately.
• Anyone with life goals that
require them to take a loan.
Who Needs a Life Cover?
Risks That You Face
• Dying too early
• Living too long
• Becoming disabled/critically ill
and losing your earning
capacity
How Life Insurance Can Help - I
• They cover the risk of dying
by paying a lump sum to the
nominee (usually a family
member) on death of the policy
holder.
• This money is generally used
to honour your outstanding
debts, preventing the liquidation
of family’s assets.
How Life Insurance Can Help – II
•They channel your savings into
various assets to create long-
term returns.
• The steady savings help you
to finance your life goals.
• Some plans give you a regular
income during retirement,
ensuring that your lifestyle
stays the same.
Thank You
Life comes with risk. Are you protected?
Powered by
This 2-Minute Learning series is
brought to you buy
facebook.com/jiyobefikar
twitter.com/bajajallianz
www.bajajallianz.com
youtube.com/user/jiyobefikar
Powered by

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Why You Need a Life Insurance Cover

  • 1. Why You Need a Life Insurance Cover Life comes with risk. Are you protected? Powered by
  • 2. • Anyone who has financial liabilities. • Anyone who does not have enough assets to fund their retirement adequately. • Anyone with life goals that require them to take a loan. Who Needs a Life Cover?
  • 3. Risks That You Face • Dying too early • Living too long • Becoming disabled/critically ill and losing your earning capacity
  • 4. How Life Insurance Can Help - I • They cover the risk of dying by paying a lump sum to the nominee (usually a family member) on death of the policy holder. • This money is generally used to honour your outstanding debts, preventing the liquidation of family’s assets.
  • 5. How Life Insurance Can Help – II •They channel your savings into various assets to create long- term returns. • The steady savings help you to finance your life goals. • Some plans give you a regular income during retirement, ensuring that your lifestyle stays the same.
  • 6. Thank You Life comes with risk. Are you protected? Powered by
  • 7. This 2-Minute Learning series is brought to you buy facebook.com/jiyobefikar twitter.com/bajajallianz www.bajajallianz.com youtube.com/user/jiyobefikar Powered by