What Is Life Insurance? | Why Buy Life Insurance? | Dr Sanjay Tolani

Hey guys, in today's video I want to share with you about: “WHAT is life insurance and HOW does it work?”

You see there are many unexpected things that occur in our life. We might pass away due to an accident or we might pass away due to an illness. But there is one thing that we are 100% sure of, that is: "'We will pass away someday in our lives!"

You see, insurance is a product designed to provide you a measure of protection. At least financially should a disaster happen. And life insurance is specifically designed to protect your beneficiaries financially should you pass away one day.

So, what exactly is life insurance and how does it work? Let’s find out in this video! If you like more animation videos like these, comment "Animation insurance videos" and I will try to create more in the upcoming weeks. =)

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🎖 Who is Dr Sanjay Tolani? 🎖
Dr. Sanjay Tolani, became the “youngest member” at the age of 19 and the “youngest life member” at the Age of 28 to the Million Dollar Round Table (MDRT). He also has 13 Top of the Table Qualifications (TOT), which is considered the pinnacle of the financial services profession. To top things off, he is also the youngest Managing Director of an insurance brokerage in the Middle East.

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[SanjayTolani]

Hi guys, hope all of you enjoy the video!
If you like more animation videos like these, comment "Animation insurance videos" and I will try to create more in the upcoming weeks. =)

[coachleoersando]

You explain it so well sir.
Im very impressed

[dineshgadhave]

Sir, thanks for such beutifull and easy information about life insurance.

[gavenrai]

Sharing knowledge is good ..
Love you sir.

[k.r.choudhury]

Thank you Dr. Sanjay Tolani.... I just join in a Life Insurance company.

[rukanshakapoor]

Thanku for this video it is very useful for me 😊

[Sahuflexipacknmh]

First view and hit like and share your video sir

[viviancabaylovlog]

Informative video thank you for sharing

[tunbakyu]

Doctor, I have a question and I am extremely new to this.

If in a country where bank savings interest rate is high, why do people need to buy LI since savings can be done with joint accounts or even with children’s name.

Thank you

[simranpradhan]

Sir, if insurance period is covered/ completed and purchaser of insurance is still alive then what will happen on premium money...

[muhammadzeeshantaib]

Love from pakistan.. i mention your smart idea in blog post. thanks

[ningthoujamnelson]

Will the return money after the death equal to the total premium amount deposited till the final deposited premiuim ?

[vishnu]

First of all, thank you, Dr. Sanjay, for your time and effort to elevate the fellow mentoring family. You are doing a great job.

I would like to clarify whether the Indian insurance will cover me while I am in a foreign country for a JOB or I have to buy new insurance in the country I'm working in??

[pujehrp]

Aise Teacher ke liye main fir se Student banne ko ready hoon😂

[lokeshnaidu]

Awesome video sir
But I'm having doubt that how company is benefited by providing insurance?

[santoshgadre]

Sanjay ji, I have taken up financial advisory business after taking VRS from bank after working there for 24 yrs, I want you to guide me. I am from Hyderabad, India.
Please let me know the process.
Thanks 🙏🙏

[nadabhutia]

What instead of giving premium saving in bank works better? Sir?
I am afraid that in future this system may not takes complete living freedom by paying some amount of fee to live one's life.
We will soon have birth insurance in the business world.
Business world will destroy earth.

[rishabh]

Sir I have a doubt... So family gets death benifit after normal death of the

[newsadath]

So what if John doesn't have a loan and his house is not in mortgage. Which means Life insurance is not necessary right ?

[jitendraj]

Sir agar kisi ne life insurance liya ho aur uske marne ke baad jise vo paise milne chahiye agar