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Insurance

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Should I buy a life insurance policy even if my employer has insured me in a group insurance scheme?

It is always sensible to buy an individual life insurance policy because
a. The amount of insurance covered by your company may not be a very large cover
b. If your employer decides to cut cost then you may no longer be covered
c. If you quit the company then you may no longer be insured
d. Age also plays a role. The premium goes high as you start getting older.

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