Guide to Life Insurance for New Parents
How does Life Insurance work?
- A beneficiary gets paid a certain amount of money in case of the insured person’s demise.
- The person gets to choose the plan’s beneficiary when buying Life Insurance coverage.
What to Evaluate when choosing the Policy?
Buying a Suitable Term Cover
- Term Insurance lets you pay a premium amount periodically.
- Determine the cover you’re most comfortable in paying periodically while ensuring a high coverage.
Start to Invest after Comprehensive Financial Planning
- Determine your monthly expenses & save up the balance amount.
- Use a certain amount of this saved money on the best Life Insurance Plan for yourself.
Improvisation and Prioritization for Choosing the Right Plan
- Prioritize the funds you’re investing in.
- A combination of Term Plans & Child Plans can add up to a greatly secure future for your child.
Get Yourself & Your Child Insured Today!
Visit www.hdfcsales.com for more information.
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