अर्चना पनेरुले मलाई एड्स छ भनेपछि राजधानीका अस्पतालहरुमा निर्देशक र रनायकहरु रगत जाच गर्न दौड धुप,मुख्य अस्पतालहरुमा घुइचो.. (भिडियो सहित )..
Though it’s not much fun to think about — and we may put it off like that root canal we need — getting life insurance is a good idea for most people: What it does, upon your death, is provide funds for surviving family members (or whomever you have designated), helping them to cover costs such as mortgages, unpaid debts, college tuition and your funeral costs. But what kind to get, and how much coverage to get can vary a lot depending on your circumstances.
Here’s a way to navigate those waters, so you can get the right life insurance policy in place, and then move on with life.
How it works
There are two main types of life insurance:
Term life: These policies provide a set amount of coverage for a fixed rate of payments for a limited period of time — or term. Under this policy, if you die during the term, benefits are paid to the person you chose as a beneficiary — typically a spouse or children. After the term runs out, there’s no guarantee that you will be able to get the same level of coverage at the same rate. You can either purchase a new life insurance policy at new terms, or let it lapse. It’s a relatively affordable way to make sure there is a substantial amount of money for children or other dependents if you should not be there to provide for them.
Term life policies can be set for various periods of time — but typically for no longer than 30 years.
“Term is like renting the insurance,” says Aprilyn Chavez Geissler, a board of trustees member for the National Association of Insurance and Financial Advisors. “When you rent an apartment, you don’t get any equity. All of the money you pay in is for a period of time; it goes away at the end of the term.”