Get App
Moneycontrol

Co-Partners

Associate Partners

YOU ARE HERE > Moneycontrol > Insurance > Glossary

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 take Life Insurance?

A person who have dependents (especially if they are the primary provider) or significant debts that outweigh ones assets, then you need insurance to ensure that your dependents are looked after if something happens to you.

However, buying life insurance doesn't make sense for everyone. If you have no dependents and enough assets to cover your debts, survivor living expenses, outstanding life goals and the cost of dying (funeral, estate lawyer's fees, etc.), then insurance is an unnecessary cost for you.

Other Sections
Sections
Follow us on
Available On
PCI DSS Compliant