News From Press Life insurance: Joint life plan ensures financial security for surviving spouse

Life insurance: Joint life plan ensures financial security for surviving spouse

Source: Financial Express Oct 7, 2022

It is a wrong notion that a family is fully insured when the breadwinner’s life is insured. The logic is, in case of death of a breadwinner, the lost future income is replaced by the life insurance policy. However, there are reasons why homemakers need life insurance cover.

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