NEED FOR PROTECTION

Food, Shelter and Clothing are considered as the basic necessities of life. 

Medical, Education and Funds are also needed for maintenance and improvement of Health and Weath of people.

Insurance protection is like a helping hand which can pull back dependents of the insured person out of deep pit. 

However, due importance is not being given for the insurance coverage. Read the following details :

• For every Rs.100 of protection required to maintain a family's Standard of Living, only Rs.7.4 is put into Life Insurance and Savings. India has 3rd largest Protection Gap in Asia-Pacific.
• 1 in 4 ( currently age 20 ) will not live up to age 65.
• Every year in India 6 lakh people die of cancer and 8 lakh people are detected with cancer.
• In India, the incidence of accidental deaths grew by 45.7% in the decade 1997 to 2007.
• More than 1.3 lakh people die due to accidents on Indian roads every year.
• For every 10 heart patients globally, 6 are from India.
• In the last five years medical costs grew more than 10% per year in Asia.
• The cost of education in India is growing at more than the inflation rate. 

It is surprising that Insurance for Vehicles is compulsory but Insurance for human beings is optional eventhough human body is also like a machine / vehicle and human life is valuable.

At least 10% of the family income needs to be invested in insurance regularly and each family member needs to be brought under insurance coverage. If spending on unnecessary / harmful things can be avoided, the money can be easily saved for insurance premium payment, also the amount saved due to the saving of income tax can also be utilised for the payment of insurance premium.

The earlier start of insurance policy results in lower premium payment for building a corpus which can materialise various goals like children education, marraige, housing, travelling and help in early retirement and medical treatment.

In the likelihood of reducing gold rate,bank interest rates and market fluctuations, insurance policies with tax free guranteed higher returns is the perfect solution which assures protection as well as growth. 

Various types of policies are available as per the age and needs of the person.

Professional training and tools are available with the insurance provider company.

If you / your relatives / your friends are interested in getting more policy details or are interested in joining as an insurance advisor for which there is lot of scope in India, can contact me on mobile no. 9757172969.