When do you need

additional life insurance cover?

As you advance through different stages of life, your responsibilities and

priorities change, thereby necessitating a review of your finances

Here are some milestones which demand a revisit to your insurance

cover…

Situations when you may need

Additional Life Cover

As a youngster, you may not have many financial

responsibilities

However, as you grow older, you tend to assume

additional responsibilities associated with spouse,

children, retired parents and so on. In such a

scenario, the existing life insurance cover many

not be enough to cover your new responsibilities

To ensure you enjoy a sufficient insurance cover

at all times, indicated below are a few milestones

on reaching which you need to review your

existing insurance coverage…

1. Becoming a Spouse Along with all the happiness, married life also brings with it additional responsibilities If you are the only earning member, it is crucial for you to be adequately insured so that

your family is secure in case of an unfortunate event Even in case of couples wherein both members are earning, the unexpected loss of a

spouse could place the other in financial distress Getting additional insurance once you marry will ensure your peace of mind and help you

cope with your added responsibilities

2. Becoming a Parent When you are blessed with children, your responsibilities increase Your children are dependent on you for a very long period of time Along with routine expenses, you would have to save lump sums of money for their

education, marriage, etc. Having adequate insurance which would help you achieve these desired goals will

ensure that their dream will not remain unfulfilled even in your absence

3. Securing an Earnings Increment An earnings increment will lead to the availability of greater luxuries for your

family, which may tomorrow become a necessity In such a scenario, an enhanced insurance cover will ensure that your family will

not have to give up on these luxuries which have become a part of their standard

of living in case of an untimely demise

4. Parents Retiring Once your parents retire, they may need your financial support It is simple mathematics – additional dependents equates to a need for an

additional life cover…

5. Availing Debt In case you have availed a home loan or any other debt, how will your family be

able to repay it upon your unfortunate demise? Would the repayment burden lead to the selling of assets, depletion of savings,

lower standard of living, etc.? In order to provide financial comfort to your dependents, it is essential for you to

enhance your life insurance cover to include all your outstanding debts

6. Nearing Retirement Though you have been planning for your retirement since a few years, it is not

necessary that the sum would help to financially secure your golden years Take aid of insurance to ensure that you are able to fulfill all your unrealized

dreams during your retirement

Disclaimer

Insurance is the subject matter of the

solicitation. Read the product brochure

carefully before buying the plan.

Registered and Corporate Office

Address: IndiaFirst Life Insurance

Company Ltd., 301, ‘B’ Wing, The

Qube, Infinity Park, Dindoshi-Flimcity

Road, Malad (E), Mumbai - 400097.

Website: indiafirstlife.com. Registration

No: 143. Toll Free No. 1800 209 8700.

SMS <FIRST> to 5667735, SMS

charges apply.

Thank You