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Difference Between Survival Benefit and Maturity Claim

In the 21st century, women are empowered, self-made, and independent who are working shoulder to shoulder with men in almost every profession. Further, their contribution in savings has become very essential to maintain the standard of living and to build better future of their children. Randon James Morris says today, many women are encouraged to become a bread earner, and they have proved themselves as breadwinners. Further, he says, if we talk about insurance and life protection, then, unfortunately, they don’t value their own worth and neglect financial protection offered by life insurance to cover many risks in life. Below are the points that describe the important reasons why women need to take life insurance. Financial Protection The protection of a family is our first priority, but what if you are not there to protect them? If you are capable enough to share the financial responsibility with your partner, you must not compromise on protecting your fi...

6 Common Life Insurance Mistakes To Avoid

We all make mistake in our lives. Individuals can learn from the faults. Paying a little attention means you do not make the same again in life says, Randon James Morris . But the problem with the life insurance is that people may not find the error they make until it’s too late. In fact, the coverage mistake hurts your loved one to whom you want to protect with the different policies. Actually, some misconception and faults while purchasing life coverage policies lead to people being underinsured. The most common reasons behind the life coverage error are individuals do not pay attention and they did not know something is wrong. The only solution is not to make the mistakes in the first place. One of the best ways to evade the life allowance blunders is to discover what they are. Here, are six common life insurance mistakes you should evade: Going for the Cheapest Policy Some coverage buyers go for the policies that are cheaper. This is one of t...