Life Insurance:

Life insurance isn't for you—it's for your family. Life insurance offers financial protection to your dependents in the event of your death.
The financial future of your loved ones can be secure with the right life insurance policy. An untimely death can leave the burden of paying numerous expenses on your family. Life insurance helps alleviate this burden by paying money directly to your beneficiaries. It can help cover your family's daily living expenses and help them maintain their standard of living. It can be used to fund child care and education and to pay off outstanding household debts, including credit cards, automobile loans, and mortgages.

Rates vary depending on the type of life insurance coverage you choose and the length of time you wish to be covered. In addition, rates are typically lower the younger and healthier you are when you purchase the policy.

What is life insurance?

Term Life Insurance:

Critical illness Insurance:

Retirement Insurance:

Term Life Insurance is primarily used for temporary coverage and is typically purchased for a specific amount of time. Once a term life insurance policy expires, you must re-qualify for coverage based upon your current age and health conditions. The premiums on the renewal policy will most likely be higher due to increases in the age of the insured. Benefits from a term life policy are paid to the beneficiaries only if the insured dies within the specified period of time for which the policy was written. Term life insurance does not build a cash value.

Medical advances have dramatically improved the survival rates of people who suffer critical illnesses such as cancer, stroke and heart disease. Recovery may come with a significant financial cost that impacts both you and the people close to you. Critical illness insurance offers the financial help to pay the costs associated with life-altering illnesses. If you become sick with an illness covered by your policy and survive the waiting period, you’ll receive a lump-sum cash payment.Critical illness insurance can help you:

Reduce debt and other financial concerns while you cope with your illness.
Replace any reduced or lost income for you and your spouse, who may wish to take time off work to care for you.
Bring in additional help at home for you and your family.
Consider new medical treatments and medications not covered by private or government health insurance plans.

A pension is a way of saving for your retirement – the earlier you start, the easier it’ll be. There are two types of pension:
— Workplace pension: Payments can be made by both you and your employer (yours coming from your salary). What you get back depends mainly on how much has been paid in and how your investments perform.
— Individual pension: You choose when to contribute, and how much to pay in. What you get back depends mainly on how much has been paid in and how your investments perform.

Everything you need to know about disability insurance

The future is uncertain, so it’s important to prepare as best as we can for what life may bring. If you’re looking for guidance and answers to common questions about disability insurance, this information can help you get started and make the best decision based on your specific needs.

The Difference between Term Life Insurance and Whole Life Insurance

There are two main types of life insurance. Term life insurance offers protection for your loved ones for a specified period of time. Whole life insurance policies do not expire; they are intended to protect you for your entire life. Some types of these policies accumulate cash value. Read on to find out which may be right for you.

Everything you need to know about Life insurance

When you buy life insurance, you enter into a contract with an insurance company that promises to provide your beneficiaries with a certain amount of money upon your death. In return, you make periodic payments, called premiums. The premium amount is based on factors such as your age, gender, medical history, and the dollar amount of life insurance you purchase.

11 things you should ask yourself with regards to critical illness insurance

If you’re lucky, you’ve probably never had to use critical illness insurance. Perhaps you’ve never even heard of it. But in the event of a big health emergency, such as cancer, a heart attack, or a stroke, critical illness insurance could be the only thing standing between you and financial ruin.

What is Personal Accident Cover – A Detailed Guide

Life is unpredictable from the very beginning. What you study or what career you pursue are all questions that get answered as you progress. But what else is unpredictable is death, especially a death by accident.