Published on 30/10/2020 5:54:06 PM | Source: PNB Metlife
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Most individuals aspire to be an entrepreneur or a businessman and break the vicious 9-5 monotonous jobs cycle. They seek independence in professional decision-making. This sense of ownership and responsibility often results in tremendous financial growth both for the person and business. However, this also means that as an entrepreneur, you are entering into a high-risk zone. In order to cushion the risk, mere safeguarding your business is not sufficient, you also need to financially protect yourself. This is where term insurance comes into the picture.
Here are some points that will further strengthen the argument.
Importance of Term Insurance for Businessmen
How to buy term insurance?
With all the benefits listed out for you, the inclination to go for a term plan naturally increases. So, here is the basic procedure that you need to keep in mind before buying a term plan.
While term plans can help you in reducing the risks, choosing a suitable plan from the plethora of insurance providers can be tricky. There are also a few exceptions to what a term insurance covers, so it is always better to thoroughly read the policy document before buying any insurance plan.
Disclaimer:
The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
PNB MetLife India Insurance Company Limited
Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka
IRDAI Registration number 117 | CIN U66010KA2001PLC028883
PNB MetLife Mera Term Plan is an Individual Non-Linked, Non-Participating, Pure risk premium Life Insurance Plan | Product UIN Number – 117N092V03
#Maximum maturity age: 99 years for all options (except Joint Life cover option), Joint Life Cover option: 75 years (applicable for both Primary & Secondary life).
For more details on risk factors, please read the sales brochure and the terms and conditions of the policy, carefully before concluding the sale.
Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.
The marks "PNB" and "MetLife" are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969, Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203.
AD-F/2020-21/00182
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