Why do I need Insurance ?

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Auto Index up 2%, Power Index up 1.6%
Oil & Gas Index up 3.9%, Bankex up 2.4%
Sensex up 1.2%, Nifty up 1.1%, Midcaps up 2%
MF net buy Rs.11.1cr in equities on July 17
FIIs net buy $132.8mn in equities on July 17
IGL should give insurance cover to CNG autodrivers
IGL to get required clearance to open CNG stations
Board defers rights issue; approves bonus issue of 2:5
In talks with Scandinavian, Middle East cos: Sources
ABG Shipyard close to getting orders for 4 rigs: Sources
Auction best way for spectrum allocation: Sarin
Q1 net sales up 80.8% at Rs.11253.2 cr vs Rs.6221.7 cr
Q1 PAT up 117.6% at Rs.703.27 cr vs Rs.323.15 cr
Yash Birla in talks to sell stake in Dagger Forst: Sources
BHEL to get bulk orders from NTPC, DVC: Sources
BHEL to get orders worth Rs.10,000cr: Sources
India's growth rate to be higher than 8% this year
Inflation to moderate by year-end: FM
RLD chief Ajit Singh: Party will vote against UPA
RLD has 3 MPs in the Lok Sabha
JMM leader Shibu Soren: JMM will vote for UPA
Soren's JMM offered a Cabinet post and a MoS post
Soren announces support after meeting Sonia Gandhi
No delay in supply to US markets on FDA probe
No change in open offer date: Malvinder Singh
Some big pharma co not keen Daiichi deal go through
US probe on generic cos 'part of a larger battle'
Dow closes 0.8% above at 11501 in trade on Friday
Nasdaq drops 1.28% to 2282 in trade on Friday
Government will win confidence vote: FM

Updated: 23/01/2008 | 06:58 PM IST

Personal finance

Getmeinsure

Wednesday, January 23, 2008 (Mumbai)

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What will happen to my family if god forbidden something happens to me ?

If this question bothers you, then Life Insurance is the answer. An Insurance company collects a small percentage from you and in return promises to pay your family a predetermined sum in case of an unfortunate event.

The Basic Logic of Insurance is to :

Provide Financial Security to your family.

Protect your Assets such as Car, Equipments, House etc from Accidents or natural disasters.

As a means of Investments and Savings