working couples and unmarried individuals may even require insurance policy

It may be observed by most of the individual in our country who are less inclined towards taking insurance policy at the time they are bachelor. insurance may be from past years has been termed or considered as the risk covering tool for dependent but this myth should be out from the mind of the individual earning for his/her own.

it may a possibility that why should one take insurance when  he or she is unmarried but it may happen if their parents needs that more than they do, or may be in case of independent parents when their expense may increase by the time when you are not there to support. Insurance should not only be considered as the risk transfer or risk covering instrument while it should be a important part of ones financial plan and it is advisable by most of the financial advisors apart from health insurance and mutual funds.

working couples even needs a policy as their expenses are to be covered when both are earning and savings are taken care of mutually but for unseen future if any uncertainity occurs who would be there to make or maintain the lifestyle same as was earlier, so it is advisable not a force to take atleast one policy just for the family or for yourself if not inthe form of risk then take as an investment alternative.


posted by,

saket kumar singh (Founder)
Lakshya wealth services

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