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Accidental Insurance for Temporarily Unemployed
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02 Apr, 2023
by Rajat Agrawal
Given the logic of insuring income, I understand that insurance is advisable and available only for earning members. I am a 50+ year old executive, whose employment has been terminated and the notice / gardening period will end in 1 week.
Will I get Accidental insurance now or only after I gain another employment?
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Why a accidental insurance? Are you subjected to occupational hazards that make you more prone to accidents?
Accidental insurance can be bought at anytime , of course the premiums might be slightly higher for someone like you, but if you are looking at regular income post your retirement, an annuity-based plan is much more suggested, there are plans that guarantee you both insurance & investment.
Happy to guide you over a free call for the same.