This section talks about the probable risks that an individual can face in the future and how to hedge against the same. PMI believes it's important to ensure that your family is financially protected in the event of death, accident or any serious illness. The idea is to protect those dependent on you for any loss of income and provide a cash benefit when it is most required. The various kind of risks include How can we help you?Some of the questions that we ask ourselves regarding protection plans include.
• Which covers should I apply for? • Which are the best providers in the market? • How much premium? We all have budgetary limitations, hence PMI helps to prioritize the risks that each individual faces which is dependent upon stage of life, lifestyle, health status, existing covers, income level, etc and recommends covers accordingly.
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