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Q.

Is it compulsory to take life, medical or any other insurance

Tags: money, careers, entertainment
Asked by kamini joshi, 11 Sep '12 03:34 pm
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Answers (12)

1.

Actually it is not compulsory to take any type of insurance but now a day's its necessity for every one to have any type of insurance. even i have one life and one travel insurance for my son as he planned to go abroad so i purchased one travel insurance for him from https://www.icicilombard.com/student-medical/gold-plan.cms this is the best site for travel insurance and any other type of insurance..
Answered by harshal rai, 31 Dec '12 03:03 pm

 
  
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2.

No... But it is only for security..!!!!
Source: http://directinsurance.biz/
Answered by Direct Insurance, 17 Nov '12 10:21 am

 
  
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3.

Insurance is never compulsory but its comes in basic needs middle class person has to secure life with insurance .
Source: https://www.berkshireinsurance.com
Answered by ovee araya, 27 Sep '12 06:17 pm

 
  
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4.

"Hi Kamini, getting an insurance policy is not compulsary, but is beneficial in the following ways:
Secure the financial future of your loved ones after you
Replace the lost income of financially dependent family members.
Pay off outstanding liabilities
Build a strong emergency fund for your surviving family in your absence
Fund your child's education in your absence
Set your priorities and chose to buy a life insurance policy that suits you best. Aegon Religare offers several such Insurance Plans that take care of your future aspirations. To know more, Call - 1800 209 9090 or visit your nearest branch office. "
Source: http://www.aegonreligare.com/
Answered by Aegon Religare, 17 Sep '12 10:26 pm

 
  
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5.

No, it depends on ur financial status income etc. If u r single and financailly sound, u dont need any insurance cover.
Answered by Babu K, 12 Sep '12 10:01 am

 
  
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6.

Not necessarily....small saving is also equally important in life....
Answered by vijay, 11 Sep '12 04:17 pm

 
  
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7.

If u love ur family...take life insurance...if u care 4 ur life...take medical and other allied insurances....
Answered by Smiley Arora, 11 Sep '12 04:05 pm

 
  
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8.

Motor vehicle insurance is compulsory by law..... But other insurances r on our own choice... If done would be of great help in the tyms of mishappenings n difficulties..
Answered by riya sharma, 11 Sep '12 03:53 pm

 
  
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9.

Life ka koi bharosa hai...? nahi hai....hence itz the duty of a sincere man to keep the future of the family members secured who are dependant upon him ....thatz why a reasonable LIC policy is essential....
Answered by Pradipta pati, 11 Sep '12 03:43 pm

 
  
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10.

It is good for our safety and security
Answered by saranathan Narasimhan, 11 Sep '12 03:40 pm

 
  
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