Should you opt for life insurance even if you don’t have any dependent?
February 25, 2019 by Adhil Shetty
Anyone in your family who needs your financial support for survival can be covered through life insurance. However, what if you don’t have dependents?
Let’s explore some scenarios wherein you need to have a life insurance plan even if you don’t have dependents.
Life insurance in short is a line of defence that offers your dependents a supplementary income alternative in the event of your untimely demise. So, anyone in your family who needs your financial support for survival such as your children, spouse or parents can be covered through life insurance. However, what if you don’t have any dependents? Do you still need to include insurance in your portfolio. Let’s explore some scenarios wherein you need to have a life insurance plan even if you don’t have dependents.
Originally Posted at Financial Express on February 24, 2019 by Adhil Shetty.
Categories: Industry Articles
