Management Accountant
40581 Points
Joined June 2010
Yes sir, your concerns are genuine and exactly for this reason the Government has felt the need to devise a mechanism, in the event of any unfortunate incident, your loved ones can be compensated with the amount which you have contributed over the years.
This may look like an uncomfortable situation for a common man in the short run, but it in the long run this can provide some security to you when you retire or for your loved ones when you are no more.