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No matter how much and how well you plan, life always remains unpredictable and that can create some serious problems at some point, rather unexpectedly. Such abrupt unpleasant and unplanned situations can really imbalance the pace of life for you and your loved ones.

Life insurance is primarily a policy that provides adequate financial support to the beneficiaries (could be one or more) of the policy in case of the death of the policy holder. Even though nothing can replace the human existence in life but the provision of prompt financial support can prove to be immensely helpful during an already emotionally draining time.