Life Insurance Myths: Get the Facts and Protect What Matters Most – 1

AssuredGain – Chennai’s leading financial planner brings a series of article decoding myths of life insurance.

We’ll do anything to protect our loved ones, right? But, far too often, most people don’t have life insurance, or if they do, they do not have enough. Their reason for not having life insurance varies: confusion about the different types of insurance available, the amount necessary and the associated costs, leave many depending on friends, loved ones, and co-workers to decide what protection is needed. Unfortunately, most of the information we receive is not correct.

Let us help you banish myths about life insurance and give you facts that may change your perspective and give you information for protecting your loved ones.

Myth 1: I’m single, or married with no children, so I don’t need life insurance.

Fact: Life insurance can help you cover your debts as well as help you provide for your loved ones in the event of death, even for those without children.

If you are in this group, you may carry debts that you prefer were taken care of rather than taken out of assets left to your loved ones. Still, others may use life insurance proceeds to help nieces, nephews, cousins or siblings achieve their financial goals. For a modest premium, life insurance can help to provide for those who are left behind.  Ensure that you add your loved one as nominee while getting insured.

AssuredGain takes pride in protecting what matters to you and your business in a more personal way by looking after your insurance needs anywhere, anytime.  It is the goal of AssuredGain to ensure a safe and secure future for the clien

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