Women Insurance plans and Married women’s Property Act
Insurance plans for working and non working women
Women have come a long way from the limited career and stay-at-home roles they once had. While more and more women are making financial plans and considering various investments and savings avenues, few take life insurance seriously. Some women don’t even have a life insurance policy. Women Insurance Plans would help ladies to insurance and save tax under 80C of Income Tax Act. Today’s career woman is equal to her male counterpart in the workplace and also contributes to the running of her home. The services of a stay-at-home mother are equally valuable. In fact, many would consider them invaluable! What would happen to their families if they were no longer around?
What married, working women should know about life insurance
The majority of working women who are married contribute to the family expenses and for this reason, dual income households enjoy financial stability. Women in situations like this should know that if they died, their family would not be able to manage a lifestyle similar to the one they currently enjoy. Without this source of income, her loved ones might have to make many changes, and deal with not just emotional loss, but financial insecurity as well.
What every stay-at-home woman should know about Women insurance plans
The contribution of a stay at home woman cannot go unnoticed. You may not “bring in“ the money, but your services definitely save money. Women Insurance plans are important whether you work or not. So make sure you have a life insurance policy that will at least help your family. Small saving would give good returns when you require.
At LIC, we have many Life Insurance plans to suit working as well as non working women. For working and non working women, Individual Insurance plan can be given or 2 or more plans can be combined to achieve a goal in the given period. There are many money back plans which not only gives periodic returns but also give a lump sum amount at the end of the maturity.
Women can go for any plan for them but recently LIC of India had brought wonderful plan called LIC Aadhaar Shila Plan exclusively for women.
Society is finally realizing the importance of women. Today, Women have managed to break the shackles of the four walls and stepped out to keep pace with their male counterparts. The last few decades have witnessed a sea change in the outlook of society towards women. Women Insurance plans are not only for Insurance but an investment for secured future. The image of traditional Indian housewife has undergone a drastic change over the last few decades.