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If you think that premium payment on your risk cover is an unnecessary expenditure, think again, for, in exchange for a small amount that you pay on a regular basis for a chosen term the amount of risk cover that you get in return is a lot more than worth the money.
For, insurance covers all those future uncertainties that come unannounced. And covering future uncertainties is important in order that you are able to financially sail through them easily in life.
Be it a critical illness that requires urgent medical attention, a severe accident that entails hospitalization or a permanent disability that leaves the family members psychologically devastated, or death of the breadwinner of the family - insurance takes care of all this and a lot more.
In the absence of insurance during these crucial times tiding through can be unimaginable for you will have no choice but to dip into your bank deposits causing your long term financial planning to go haywire burning a deep hole in your pocket.
On the contrary forking out a small premium at regular intervals can apart from ensuring you a worry-free future also take care of the huge financial expenditure that uncertainties bring with it.
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