Do You Have Life Insurance Policy as a Financial Backing?

[Nomad]

Life insurance provides financial security in accidents and death, access to emergency loans, and even payment of insured amount (in endowment plans). You can either get life insurance for financial coverage or as endowment benefits. But to enjoy these benefits, you must maintain regular premium payments. Do you have life insurance?

 

[Augusta]

Yes, it is good to have it as it ensures dependents can maintain their standard of living, cover daily expenses, and secure their future, such as funding education.