For a sound financial plan, it is important to have guaranteed return insurance. This ensures that your family or you are protected in the event of an emergency. Guaranteed insurance covers all of the resources necessary to provide financial stability and backbone for a new start.An investment plan that guarantees a guaranteed return on life insurance policy is one that can help you save in zero-risk avenues while also providing regular fixed and consistent returns.
This plan would enable newlyweds to benefit from the dual benefits of life insurance and secure investments to achieve their life objectives and responsibilities in the best possible way.
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Benefits Of Life Insurance Policy After Marriage
Key benefits of a guaranteed return insurance plan for the newly married:
1. Provides Guaranteed Returns
A guaranteed insurance plan ensures guaranteed returns on the investment that ensures the safety of money. Additionally, it provides the returns with a flexible lump sum, whole life income, and regular income benefits.
2. Ensures Insurance Coverage
There are several guaranteed returns plans in India that one can opt for post marriage. It ensures and gives the nominee life insurance coverage for securing the upcoming future of their new family and loved ones.
3. Complete Protection For The Family
Guaranteed returns plans offer life cover, thereby guaranteeing a death benefit to your family after your demise. This payout helps your family pay back the outstanding liabilities and take care of future financial requirements such as a child’s marriage, their wedding, buying a house, etc.
4. Cover For Your Partner
It’s equally important to take life insurance for partners to avoid any kind of difficulty they might face in their future. The individual can opt for the option of joint life in the same particular policy that he or she has taken under the whole life income benefit.
5. Add On Riders Option
The individual can upgrade their plan to enhance the protection of their newly built family by opting for the optional riders, which can be one of the options for life insurance for newly married couples.