Every individual, irrespective of age, occupation or marital status, should buy life insurance. Life insurance provides financial security. It can also grow your savings to fulfill future aspirations.
Young working professionals can buy life insurance at an early stage to benefit from low premiums. This will help them fulfill their responsibilities that come with growing older.
Newly married couples will eventually have children and other financial obligations. If they buy life insurance early, it will help them fulfill their responsibilities with ease.
Young parents know that children are an investment. Life insurance can help them cope with all future expenses such as their higher education, marriage and others.
Individuals with dependants such as aging parents, unmarried siblings, or physically or mentally challenged children must buy life insurance for their financial security.
People with debts who have taken loans can protect their family from the burden of repayment with life insurance.
People approaching retirement can have their post-retirement expenses taken care of with the income earned from life insurance.