🚨75% of all Indians are NOT Covered by any form of life insurance.
This leaves their family susceptible to Financial Instability and Hardships😥.
✅Investing in a Term Insurance Plan is one of the Simplest and Best ways to get Insured!!
This leaves their family susceptible to Financial Instability and Hardships😥.
✅Investing in a Term Insurance Plan is one of the Simplest and Best ways to get Insured!!
🔸What is Term Insurance?
- Type of Life Insurance that Provides Pure Risk Cover.
- No Investment Component, unlike traditional policies -> Lower and Affordable Premium.
- Provides coverage for only a Specific Period of Time, called Term.
- Type of Life Insurance that Provides Pure Risk Cover.
- No Investment Component, unlike traditional policies -> Lower and Affordable Premium.
- Provides coverage for only a Specific Period of Time, called Term.
🔸How it works?
- Policyholder pays Regular Premiums to the insurance company.
- If the Policyholder Dies during the Term, the insurance company Pays Out a Death Benefit to the Family.
- If the Policyholder Outlives the Term, the Coverage Ends.
- Policyholder pays Regular Premiums to the insurance company.
- If the Policyholder Dies during the Term, the insurance company Pays Out a Death Benefit to the Family.
- If the Policyholder Outlives the Term, the Coverage Ends.
🔸Points to note before buying Term Insurance.
✅ Following people should consider buying Term Insurance -
- People with Financial Dependents.
- Primary Breadwinners of the family.
- People with Large Debts, such as a Home Loan.
✅ Following people should consider buying Term Insurance -
- People with Financial Dependents.
- Primary Breadwinners of the family.
- People with Large Debts, such as a Home Loan.
✅ Choose a Sufficient Coverage Amount to provide financial support to your dependents.
👍Rule of Thumb
Have coverage equal to at least 20 times your Annual Income.
👍Rule of Thumb
Have coverage equal to at least 20 times your Annual Income.
✅Choose a Term Length that aligns with your Financial Goals, such as paying off your home loan or funding your children's education.
👍Rule of Thumb
Choose a term length that covers you until:
-your youngest child reaches Age 25-30, or
-becomes financially independent
👍Rule of Thumb
Choose a term length that covers you until:
-your youngest child reaches Age 25-30, or
-becomes financially independent
✅ Buy it Young. The Younger and Healthier you Start, the Lower your premiums are.
You can get a Massive 1 Cr cover for just 10k a year!!
✅ Buy from an Insurance Provider that has a Claim Settlement Ratio of > 90%.
You can get a Massive 1 Cr cover for just 10k a year!!
✅ Buy from an Insurance Provider that has a Claim Settlement Ratio of > 90%.
And hey, in case you need HELP selecting the right Term Plan,
You can Speak to the Insurance Experts at Ditto who offer Spam-free, Personalized Advice.
I have tried it myself!!
Here is how👇
You can Speak to the Insurance Experts at Ditto who offer Spam-free, Personalized Advice.
I have tried it myself!!
Here is how👇
1. Go to Ditto’s website.
2. Click on “Book a FREE call.”
3. Select Term Insurance
4. Choose the date & time as per your convenience and RELAX!
And Ditto's advisors will take it from there! LIMITED SLOTS!
#Partnership
bit.ly/3EZdhDl
2. Click on “Book a FREE call.”
3. Select Term Insurance
4. Choose the date & time as per your convenience and RELAX!
And Ditto's advisors will take it from there! LIMITED SLOTS!
#Partnership
bit.ly/3EZdhDl
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