For financial planning
some may chose insurance policy as a tool. It has been seen that many people do
not believe in insurance and do not want to be insured even. But according to
any financial advisor being insured is not bad et al.
Insurance give you and your family a
protection. It is being seen that insurance policy gives your family financial
protection. Your family members may be at risk if you wont insure them. For every profession like dentist or doctors
life insurance is necessary. Life insurance for doctors provide them
complete protection from any life mishappening . So taking and insuring your
life can never be a foolish decision.
Not only life but some times disability
insurance can also be beneficial. Disability insurance is available for almost
all profession in the form of disability insurance for professionals.
When buying any insurance policy one must
avoid some common mistakes. Here I am going to tell you about them, like it has
been seen that people do hide there health related realities, so do not do that
if you want to have full benefit of insurance.
Also do not lie on application. Like if you
take tobacco then do mention your habit in the form or you are taking any drug
then do tell your representative about that clearly. It is being noticed that
people wait to be aged for buying insurance policy. As a good decision maker
you must buy policy at young age, doing this you may have more risk cover at
the time of maturity of insurance policy.
If you are smoker then think twice before
smoking, as smokers may have four times premium then non smokers. Also avoid
immediate doctor visit before buying insurance policy. Life insurance policy for doctors give benefits to doctors. Though they are life savers but god has
given life and only he is responsible for it. So to avoid any problem you just
have insurance policy of your choice.
Partial and fully disability insurance are
designed for all professional. So they may choose among all available disability
insurance for professionals.
Your disability may effect your family member
lifestyle and disability insurance being The market has become now many options
for every profession like disability insurance for professionals and many
companies are offering various options for there customers but here again I
would like to tell you that in all policies the devil is always hidden in
hidden terms and condition so before buying any specific policy do make sure
that the policy terms are and always will be in your favor. Being attentive
when buying any policy may not be harmful but will always is beneficial for
you.
Being a professional you must be aware of
all harms and benefits of insurance policy, so take proper decision when buy
policy for your life or disability. Your decision may effect your family
lifestyle and may protect them from all unfavorable situations.
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