Question

which long term insurance product would you consider buying in future. justify the reason for your choice.

Answer 1

According to my choice I would like to buy pension policy as a long term insurance product. Reason for buying this policy is that it will be a back up support to my family if any accidental death happens in future. This policy can help the child in their education and other needs to the family. This policy has maturity period that provides a good amount of money at an old age.

Answer 2

Long term life insurance plans helps shape the future.

Explanation:

• Life insurance gives you and your family a choice by providing benefits such as to help payoff debts. To meet the housing demands, to help fund a college education.  

• A long term insurance plan is of 2 to 3 years and is an alternative to a one-year term plan. There is no change in ate of a premium over a period of three years.

• There are various types of insurance plans and policies. Such as endowments plan, child plan, retirement plan, and term insurance plans.  

• The Exide life insurance plan is distributed by multiple channels and it provides long-term protection and leads to saving on investments.

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• brainly.in/question/11451848 answerd by lovingheart.