5 replies on this article “Term Insurance for Working Husband and home maker wife”

1. ashalanshu says:

   February 4, 2014 at 5:40 pm

   Dear Pune, if you are so sure of your requirement, please opt the cheaper term cover from the 2.

   Thanks

   Ashal

   Reply
2. Pune2014 says:

   February 4, 2014 at 3:48 pm

   Thank you all for inputs but I am not looking for input on if homemaker need to be insured or for what amount. I am just looking for what are the options available for term plan for Homemaker for >25 lakh amount(single or joint life) What i searched is Bajaj Finnace offer online term plan for joint life. HDFC offfers only offline Joint term plan.

   Reply
3. divya.advisor says:

   January 28, 2014 at 8:28 pm

   I agree term insurance is a way to offset income once you are gone. I feel you can either take a 10 L for your wife or may even leave it and take 35 L for your self instead

   Reply
4. ashalanshu says:

   January 23, 2014 at 10:13 am

   Dear Pune, If I rephrase the reply given above to you by dear Ashish it ‘ll be,

   It’s raining outside. W’d you purchase an umbrella for yourself as you w’d have to go outside for your job or w’d you purchase it for your home maker wife also who may not need to go outside during rain?

   Thanks

   Ashal

   Reply
5. Ashish Garg says:

   January 23, 2014 at 9:56 am

   Hi,

   Why do you want to take insurance policy for your wife in first place?

   Since she is a home maker, there is no financial dependence on her. In case she is planning to work in near future, makes sense. Else you should insure yourself adequately to provide financial security to your family, in case something happens to you.

   Ashish

   Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.