What can be some of the possible resources family should look for money in Event of Death of bread winner ?

POSTED BY chinthub ON April 22, 2014 7:42 pm COMMENTS (2)

I am trying to consolidate all relevant information ones family should know in case of death of the sole bread winner. In the event of ones death, what all are the sources his/her family can get financial benefits from? Few which I am aware of are:-

1) Life insurance(s)

2) PF & PPF

3) Employer’s Insurance benefits such as Group personal accident insurance & Group term life insurance

4) Bank – SB, FD, RD

Please share your inputs.

Thanks

2 replies on this article “What can be some of the possible resources family should look for money in Event of Death of bread winner ?”

  1. swachith says:
    April 24, 2014 at 5:48 pm

    hi Ashal,

    How to prepare a WILL? Whom should be approached?
    thanks.

    Reply
  2. ashalanshu says:
    April 23, 2014 at 2:38 pm

    Dear Chinthu, before anything else, one need a WILL to claim amounts/holdings from various places like Banks, MFs after the death of the person.

    Thanks

    Ashal

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

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