Married with Children

You have children and your priority has shifted to them. Just like other parents, you want the best for your children, right from education to getting them married.

This is the most critical stage in your life as far as getting Insurance is concerned.

Why?

• To plan for your children's milestones, which you will have to finance.  These could be the cost of their education, their marriage or getting them financially settled in their careers.
• This is the best time to begin planning your life goals. You could classify your goals as short term goals or medium term or long term. Purchasing a suitable insurance plan at this stage of your life will help you access the funds, without putting a strain on your cash flows.
• To ensure that your retirement corpus grows adequately to allow you to maintain the standard of living that you are used to.
• In general, as age catches up with you so do medical expenses. You need to be assured that you can avail of suitable treatment, without having to worry about the costs attached.
• Protect your income against a sudden disability, illness, accident or injury etc., that could temporarily or permanently impair your earning capacity.
• You have more dependents and hence, the need to protect is greater, in the unfortunate event of your sudden, untimely demise as well as to protect your family against outstanding liabilities, such as loans and card dues.