Life Stage Benefits

Life Stage Benefits

What is a life stage benefit option in term insurance?

• The life stage benefits operates on the principle that "One size DOES NOT fit all," meaning that not all of your life stages can be covered by the initial coverage of your term plan. Your life insurance plan is made more adaptable by the life stage benefit option in order to meet your changing needs.

• By increasing the sum assured at pivotal points in your life, this special feature enables your insurance coverage to adjust to your own goals.

Additionally, this benefit does not come at an additional expense to you or with a hefty premium.

Why do you need to opt for the life stage benefit?

• As was said above, different life stages have varied insurance needs. However, when a person's financial needs grow, it might not be possible for them to purchase new insurance. You can choose the life stage benefit option in term insurance to avoid the inconvenience of getting new policies at each important step. At pivotal points in your life, the policy coverage increases by a specific amount based on your needs. Thus, the assured amount will rise. So, in your insurance plan, you should select the life stage benefit option.

• When buying a term insurance policy, use caution and carefully review all the features and advantages offered by the contract. Choosing a life stage benefit feature will strengthen your coverage and the financial stability of your family.

You can still purchase insurance at a low cost while enjoying all the advantages of the life e stage choice!

Thank You