LICI helps you to protect your assets as well as your family. The insurance helps you to face the financial uncertainty. The insurance can protect you against any undesireable loss or claims which means that payment is usually not made to you but to the person who is actually facing the loss.
Without liability protection, your following assets can be at risk:-
1. Retirement Accounts: Pension Plans
2. Non-retirement Investments: Stocks, Bonds, Mutual Funds
3. Liquid Assets: Savings, Money Market Investments, or equities
4. Personal Property: Actual value of all your possessions if you sold them (Cars, Boats, Jewelry, Furniture, etc.)
5. Home and other Real Estate
Attention : If you are an Industrialist / Enterprenures / Buisness Man then please Click Here to download more information.