One of the biggest desires one has to achieve is security. A person has a lot of dreams but one of the most justified and innate of them is getting security. Insecurities are the root cause of anxieties, panic attacks and depression. The insecurities of job or losing someone special are the most common type of insecurities. Financial security is one dream that one strives hard to achieve. People in India work very hard to get a government job, though the salaries might not be very attractive in the government sector still many strive for it. Their motivation is job security. Throughout mankind we have given lot of importance to security at various aspects of life. Security is a highly pervasive term. Even the nation spends billions of dollars in defense equipment to secure the nation.
In a major survey, many respondents were interviewed and were asked, what their biggest goals were, amongst their goals achieving financial security featured in the list of many respondents. The need for security is very natural because its only when you are secured you can put your energies on positive things. That is why all investment professional aggressively emphasize their clients to have life insurance plans in their kitty. Your family deserves the immunity against financial hazards arising from your unfortunate and untimely death. Let’s be honest to ourselves, deep inside we know that life is very unpredictable and we feel chills down to our spine when we hear some of our known person dying untimely without financial cover. Let’s be clear on this, anybody can die anytime, that’s the hard fact that needs to be accepted. Why leave our beloved family unprotected, it is good if you don’t die and live a long and fulfilling life but the consequences of dying without financial cover while still, the whole family depends on your earnings is an enormous risk. Are you willing to take this gamble?
The argument is why to take that gamble when at very affordable premiums you can shun this threat from your life forever? True, that if you survive the term of the policy the premium paid by you goes down the drain, especially if we are talking about a term plan but then we also pay for salary of a watchman irrespective of whether thieves try to rob our place or not. A term insurance plan is like a watchman that protects your family from financial mess in case your death tries to rob them of your income. The premium paid by you is like the salary of that watchman who still gets paid irrespective of robbery attempts. Having that watchman provides you that sense of security and peace that you are happy to shell out money and you don’t think of it an unnecessary expense.
It is very shocking that very few people in India have a life cover for themselves, even though the government also promotes it by giving tax benefits under section 80C for investing in life insurance. In western countries people are very particular about these things, the mindset of people here should change and they should take things in their hand. There is no pride in playing victims to circumstances and blaming all things on government. Some things are in our hand to avoid getting our family getting financially wretched. Think positively and plan wisely to make that dream of financial security true!