LIC of INDIA

Apni family k liye aaj he jeevan bima kraayein

हवा को खुशबू मुबारक
फिज़ा को मौसम मुबारक
दिलों को प्‍यार मुबारक
आपको हमारी तरफ से बकरीद मुबारक
Happy Bakrid

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How much life insurance will your family need?

The amount of life insurance that will meet the needs of your family includes a number of components; therefore, it is important to conduct a needs analysis.

Consider the following factors in determining your need:

Final expenses – did you know that funeral and burial expenses average $15,000?
Annual living expenses – you want to ensure your children are able to maintain the standard of living you have set for them.
Outstanding debt – car loan, mortgage payment, student loan debt, etc.
Loss of income – how much would your family need in the event of your untimely passing?
Cash on hand – how much do you currently have in liquid assets?
Existing life insurance – what benefit will be paid on any life insurance policies you already have in force?

Cancer Cover Plan Benefit