Topic: NEVER TAKE LIFE INSURANCE POLICY ON NON-EARNING MEMBER

This message was edited 1 time. Last update was at 22/03/2010 21:00:17

because if any unfortunate thing happens to earning member, the non-earning member is liable to pay premiums thereon. So there is burden on the non-earning member whose life is insured.

Please share your thoughts.

Looking for Life Insurnace : Call LIC : 9953011221

if the term poliy mean i agree but ulip for 3 yers payment its not big deal you have surrender option after 3 yers start investing in ulips as monthly plans

I never propose to Non Earning person for an LIC Policy.

Thanks & Regards,
Pardumman Verma - LIC Authorised Agent (Mob : 9968254297 E-mail : licagentncr@gmail.com)

No its a wrong perception. I will not completely agree with this point especially in case of Non earning member is a House Wife because, if something happened to her there a economical loss to the family, like one need to arrange for a cooker, cleaner, child care taker, home care taker etc., if you consider these points, then i will strongly recommend even non earning member (if it is spouse) must required Insurance on their name.

Regards
Bandhakavi - Wealth Expert

Hi,

i am sujendra

this topic is new for me so give me some more information about this
thanks in advance

regards,

phe9oxis,

http://www.guidebuddha.com

bandhakavi wrote:No its a wrong perception. I will not completely agree with this point especially in case of Non earning member is a House Wife because, if something happened to her there a economical loss to the family, like one need to arrange for a cooker, cleaner, child care taker, home care taker etc., if you consider these points, then i will strongly recommend even non earning member (if it is spouse) must required Insurance on their name.

Regards
Bandhakavi - Wealth Expert

But what if the earning memeber does/ then the housewife is liable to pay her premium withour earning?
Payment from earning member's compensation is not fair. STRONGLY DISAGREE.

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