How to use the big insurance claim to sort your financial life
If you are buying life insurance, put a plan in place for your dependants to follow, though they would still need to cover that last mile of claim settlement in your absence on their own
AK, who did not want to divulge her full name, was left to fend for herself and her two children after the death of her husband SS in 2016. AK was a home-maker at the time and her 20-year-old son and 16-year-old daughter were still studying then. SS had a retail garment store in Delhi’s Karol Bagh market and was 46 years old when he died of a heart attack. “He was perfectly healthy at the time and it came as a shock to the family," said AK.