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LIC Insurance Policy Chandigarh

Insurance is in at least one sense about offering compensation when a future loss occurs.

When lic agent chandigarh Besides death another cause of losing critical staff can be disability and this should be taken into lic agents consideration as well when taking this insurance. A family trust if you must know is.

And this necessitates the need for getting life insurance chandigarh lic policy this insurance. Consequently, when the cold hands of death take this person, it is the company that lic ageny chandigarh gets rewarded and has the right to use the fund the way it wants to.It is test for pregnancy in life insurance good if you; a business owner lic plans has been covered by this insurance because this will ensure your business outfit continues with little or no hiccups.

As lic india statistics like one in every five individuals being disabled for a minimum of one year just before their 65th birthday should serve to motivate you. It is, therefore, in this regard that as a business owner you ought to consider getting a key man life insurance. Nevertheless, what about passing on your private estate to your beneficiaries; what you are going to leave behind, without them life insurance experiencing probate proceedings. One way this can be done is by creating family trust. First it is important that I say here that this insurance, which is taken for personnel, is going to be owned by the business outfit and will consequently be its beneficiary.

Of course every staff member of your company is important, however, there are some without whose quick replacement a company's continued success may be in doubt and getting this replacement is often not a cheap exercise.