Benefits of Life Insurance....?

[sfoortisharma92]

Hello Friends,

Please tell me, What Are the Benefits of Life Insurance....?

 

[Alanah_Rae]

Some benefits of Life insurance :
1. Risk Cover
2. Planning for life stage needs
3. Protection against rising health expenses
4. Builds the habit of thrift
5. Safe and profitable long-term investment
6. Assured income through annuities

 

[niu_noida]

Have manybenifits of the inssurence . insurrence gives future plan security, its means future security and benifits, so by the insurrence can make the best future plan

 

[sfoortisharma92]

Thanks For Advise....

 

[policyadvisor]

Advantages of Life Insurance
Life insurance provides an infusion of cash for dealing with the adverse financial consequences of the insured's death.
Life insurance enjoys favorable tax treatment unlike any other financial instrument.
Death benefits are generally income-tax-free to the beneficiary.
Death benefits may be estate-tax free if the policy is owned properly.
Cash values grow tax deferred during the insured's lifetime.
Cash value withdrawals are treated on a first-in-first-out (FIFO) basis, therefore cash value withdrawals up to the total premiums paid are generally income-tax free.
Policy loans are income tax free.
A life insurance policy may be exhanged for another life insurance policy (or for an annuity) without incurring current taxation.

 

[Davidwatson]

Again it,s not the benefit of life insurance, their are lot of fraud companies also, who can spoil your dreams of future by taking money for the name of life insurance.

 

[Internet]

There are lots of advantages of life insurance...and disadvantages also.But beside this it give us future security.

 

[smarwaysolution]

Some benefits of Life insurance :
1. Risk Cover
2. Planning for life stage needs
3. Protection against rising health expenses
4. Builds the habit of thrift
5. Safe and profitable long-term investment
6. Assured income through annuities

 

[indutaurus]

1. Risk Cover
2. Planning for life stage needs
3. Protection against rising health expenses

 

[arsalan1101]

benefits of life insurance is that you can give money to your family after your death

 

[mahisharma2]

Thanks For Advise.

 

[Liyans]

Thanks for your suggestion.

 

[Jigard]

If you have a family of your own, life insurance can help your family survive financially, if they didn't have your income to support them any longer. And for retirees, life insurance can benefit surviving family members.
1. Risk Cover
2. Planning for life stage needs
3. Protection against rising health expenses

 

[BenjamineDupont]

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[sfoortisharma92]

Thanks For Suggest...

 

[adilkhan]

Life insurance enjoys favorable tax treatment unlike any other financial instrument. Death benefits are generally income-tax-free to the beneficiary.

 

[sfoortisharma92]

thanks For Advise....

 

[sumitd]

Two wheeler insurance is equally important. You need to safeguard yourselves and your vehicle against any unforseen mishappening in the form of an accident .

 

[Onlinedomainreseller]

As others have stated, there are many benefits to having Life Insurance. One if the things that come to mind is that it's one way of making sure that the your other family members are not burdened with funeral bills and expenses. The last thing that I would want my immediate surviving family members to experience is extra stress of making sure that all funeral bills are paid. Typically a good Life Insurance Policy will take care of that.

 

[seo]

Life Cover
Long-term Savings
Life Stage Specific Planning
Tax saving