The best way to get financially secure is by investing in life insurance!!! It is a contract of commitment to the general insurance company with the insurance policyholder to take care of the financial burden after the death of the insured.

 The invention of the idea of an insurance policy 

 For ages, we humans and animals both have an intuition to prepare for an uncertain future. Many animals collect food and store it to eat later, humans by default always struggle to secure their future earlier through food and now with the finances.

The pandemic situation has rung danger alarms of uncertainty, and sabse Pehle life insurance has come on the top list of priorities. The pandemic situation has made our lives very vulnerable to diseases, it is a situation where people have faced uncalculated financial losses, millions of deaths, uncertain health, and lack of resources in health setups, instability, etc. to the highest level. 

 The insurance policy is a guaranteed lifesaving medicine for this pandemic situation

• It makes your family Independent and self-reliant as the plan will cover Hospital charges and other protection packages

• certain plans also guarantee a fixed income to your family

• helps from financial losses in an uncertain condition

• If the partner dies then it gives time to the survivor, where he or she can decide a plan for the future, because if there is no insurance then, the survivor needs to make quick decisions to reach the daily needs.

• Life Insurance helps you with the money at a time when you need it the most.

• It makes your family Independent and self-reliant as the plan will cover Hospital charges and other protection packages

• Certain plans also guarantee a fixed income to your family

• Help from financial losses in an uncertain condition

• It also makes the mind peaceful as we are not tensed of the monthly future expenditure

• It develops a saving habit and helps to plan for retirement.

• It also saves tax, according to the section 80c of the Income Tax Act, 1961 it is tax-free

• It also helps in fulfilling your future goals

Basic questions to consider 

What term do you want to go for and how will it help you? We need to calculate and plan how much coverage is needed from the policy.

One more question to consider is, do you have that extra money to keep aside for paying the monthly premiums?

The purpose of the policy is very important because it will determine, what we need from the policy. Decide for a beneficiary who will do justice to your lifetime saving, think about all other objectives, purpose, etc. 

After all this I guess it is time for sabse Pehle life insurance and talk to a person you can trust for financial Advice

The decision of choosing the right Life Insurance policy as there are different types of life insurance.

We also need to think of a general insurance company that can provide the benefits. As the variety of uncertain situations increases the emergence of many types of the general insurance policy. Today there are many varieties of the general insurance company providing insurance like motor insurance, Health Insurance, different types of life insurance, sabse Pehle life insurance, travel insurance, property, mobile, and now the recent Covid insurance. There are also different types of life insurance, after the knowledge of the variety of policies, we must know what the plan offers.

Term Life Insurance 

This type of insurance only can be benefited on the death of the insured. There is no way out to claim if the policyholder survives beyond the term. People usually go in for this policy as it is very affordable.

Whole life insurance 

This type of policy covers the whole life and can also be encashed. You can also take a loan against the policy the only drawback is that the policy needs to be in force

Endowment plans

This type of policy is paid even if the insured survives beyond the term of the policy. The money is payable to the insured or the beneficiary. This policy gives both savings and protection. If the insured dies due to certain circumstances then the nominee will receive the assured sum plus bonus for the years the insured has survived.

Money back policy 

This kind of policy is very appealing because it gives you a sum of money in certain intervals of time. This is given in intervals a certain amount of percentage. On surviving the specified term in the policy the insured gets the bonus as well as the lump sum amount. This is the most costly kind of a policy, and on the sudden death of the insured, the beneficiaries will only receive the sum promised regardless of how many ever installments were paid.

Retirement plans 

These plans are designed for retirement purposes. As it gives a fixed income after retirement. It gives us continuous regular income.

Savings and Investment Plan

This kind of policy gives a lump sum of funds on a timely basis for future expenses. You can achieve long-term goals and short-term goals through these plants and it also gives insurance cover. one can also go to a general insurance company for further needs.

Unit-linked insurance plans 

Are called ULIPs. It is considered to be a plan of savings as well as investment. Premium here can be used for investing in investment assets according to the policy holder''s choice.

A child life insurance plan 

This policy plan is specifically designed for the child''s needs. It is planning that is done for the child''s financial security and other needs. One can invest as soon as a child is born so the future can be very well planned against uncertainty. The child can achieve and can fulfill his dreams, this kind of policy caters to the needs which allow intermediate withdrawal. We have seen the types of life insurance policy.

LKP Securities dates back to 1948 and provides financial services since then. It has a large variety of services to offer with types of the life insurance policy. They have their branches in 200 cities in India, with 150000 + direct clients, there are fourteen branches itself in Mumbai, we provide types of life insurance policy also which being, term Life Insurance, whole life policy, endowment plans, and unit-linked insurance plans and money back policy. 

 Life Insurance policy should not only help for the expenses to meet our day-to-day needs but also help the family after the death of the bread earner. It is very essential to choose and understand one''s needs and prepare to invest in the policy that best suits you