How Life Insurance Can Make This Valentine’s Day Unforgettable!

When you think of romantic Valentine’s Day gifts, life insurance is probably not even in your top 100 picks. Chocolates, flowers, jewellery, watches etc. are all classic gifts for a reason. Valentine’s Day is all about showing your partner some love and appreciation, and a simple yet heartfelt gift is more than enough to do that. But Valentine’s Day is also about promises… the promise to love, protect, and support your partner no matter what happens in the future.  

Life insurance turns your promises into an actionable reality. A promise of protection shouldn’t just include physical and emotional security, it should also include financial security. The reality of life is that we cannot always be there to support the ones we love. However, with a life insurance plan, we can certainly ensure that our loved ones are secure even in our absence. Let’s go through some of the key reasons why life insurance is perfect gift to make your Valentine’s Day unforgettable. 

Secure Your Partner Even in Your Absence 

Everyone promises to protect their life partner until the very end. But with life insurance, you can continue to provide financial security to your loved ones even after you’re gone. All life insurance plans provide a life cover element that is paid out upon the death of the policyholder. This life cover can ensure your family’s wellbeing even when they can no longer rely upon your regular income. This is a promise of security that will certainly last a lifetime!  

A Gift That Lasts for Years to Come 

A box of chocolates might get over within a few days, but a life insurance plan can last for years or even decades after you purchase it. All life insurance plans have a policy term that you get to choose before finalizing your purchase. This policy term can be as short as 5 years, or as long as 100 years. Your life cover is only valid during the policy term, so make sure that your plan’s term is long enough to protect your loved ones when they are most dependent on you.  

Secure Your Financial Goals 

Every long-term relationship also comes with a host of long-term goals. And some goals, such as buying a dream home or going on a dream vacation, will also require financial support. Here’s one thing that many people don’t know about life insurance- it can even act as a wealth growth plan. 

If you want more than just life cover, you can opt for savings insurance plans that provide financial returns alongside security. Savings plans can be guaranteed (you know how much income you’ll get) or non-guaranteed (income will vary based on company performance). For example, Edelweiss Life- Guaranteed Flexi STAR is a flexible savings insurance plan that offers both regular income as well as an option to get a lumpsum payout at maturity.  

You can even get Unit-Linked Insurance Plans (ULIPs) if you want to invest in market-linked funds while also enjoying the protection provided by life cover. Consider checking out Edelweiss Life- Wealth Plus if you want to combine the benefits of market-linked returns and life insurance coverage.  

Also, keep in mind that life insurance plans are subject to multiple tax benefits that can further enhance your savings! 

Flexibility for a Growing Family 

Planning to increase your family size by one? Then your little one will also need financial protection. Here’s some good news- life insurance plans allow you to change your nominees whenever you want. Doesn’t matter if you don’t have a child now, you can always add your little one as a nominee later down the line.  

And with inflation increasing costs every year, a child education plan is now more important than ever before. Life insurance can not only secure your child in your absence but can also provide the financial support you need to fulfil your child’s future aspirations. Plus, many life insurance plans even come with additional benefits for children. For example, Edelweiss Life- Zindagi Protect Plus offers the Child’s Future Protect Benefit to ensure that your kid gets to live their dreams without any financial shackles.  

Make This Valentine’s Day a Milestone 

Protecting your loved one’s future is one of the most romantic things you can do on Valentine’s Day. It is also one of the most important things you can do to secure your family’s financial future. So, mark this Valentine’s Day as a milestone and begin your journey towards absolute financial security.