(9) One scenario will be portrayed as :- You are with a person convincing him to opt for Life Insurance plan , but he says why should I go for it as all the benefit will be given after his death ( State some product which will be beneficial when he is alive ? ) Convince him

Question

Accepted Answer

Suggest benefits of life insurance plan while alive.

Life insurance plans offer tax benefits and can be used as collateral for loans.
Some plans offer cash value accumulation that can be used for retirement or emergencies.
Critical illness riders can provide financial support in case of a serious illness.
Accidental death and dismemberment riders can provide additional coverage for unexpected events.
Term life insurance plans can be affordable and provide coverage for a specific period of time.
Life insurance can provide peace of mind and financial security for loved ones.
It's important to consider the potential costs of end-of-life expenses and funeral arrangements.
Life insurance can also be used to pay off debts or mortgages in case of unexpected death.

(9) One scenario will be portrayed as :- You are with a person convincing him to opt for Life Insurance plan , but he says why should I go for it as all the benefit will be given after his death ( State some product which will be beneficial when he is alive ? ) Convince him

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