Although it can not be a fixed age , where surely someone come and take a life insurance policy . But if your family depends on your income , so surely must soon take his life insurance . One year of age increases the risk of passing it on . Always on policy -making at an early age so you have to pay lower premiums .
The main purpose of life insurance is that your lifestyle , your family live your going to make the same level . Family to maintain your standard of living, then how much will you need? The calculations are roughly two to three ways .
First , add your annual income and multiply it by five . But it does not usually very accurate assessments of situations . Second , add your all Kjren , write a paper on their expenses and income from various Snoton .
You must ensure that your family receives the sum assured so that current and future family ( children's education ) expenditure to be held in . Then add the amount spent annually an amount to be fixed keeping in mind the incidental expenses . These all add up to an amount which is the amount your insurance must be the same . Third , according to the needs of the family to maintain the standard of living according to the estimate of the amount . Multiply this amount by twenty . The basis of calculating the sum of each year after you, your family will use five per cent . But be sure that the sum insured per cent annual return on the capital invested thus found.
