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What do we mean by life insurance?

Posted By PolicyPartner.in Team
 

Life insurance is nothing but pooling of risks.Life insurance assures you  that your family will receive financial support in your absence. In simple words, life insurance provides your family with a sum of money should something happen to you. It protects your family from financial crisis.


In addition to serving as a protective cover, life insurance acts as a flexible money-saving scheme, which empowers you to accumulate wealth-to buy a new car, get your children married and even retire comfortably. Life insurance also triples up as an ideal tax-saving scheme.
 

 
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