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Why You Need a Life Insurance Cover

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Life comes with risk. Unforeseen circumstances can upset all your plans and put your family's financial well-being in jeopardy. Life insurance is the best weapon you have to protect your family from the consequences of such unforeseen situations. This brief presentation will tell you more about why life insurance is an absolute necessity for everyone.

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Page 1: Why You Need a Life Insurance Cover

Why You Need a Life Insurance Cover

Life comes with risk. Are you protected?

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Page 2: Why You Need a Life Insurance Cover

• Anyone who has financial liabilities.

• Anyone who does not have enough assets to fund their retirement adequately.

• Anyone with life goals that require them to take a loan.

Who Needs a Life Cover?

Page 3: Why You Need a Life Insurance Cover

Risks That You Face

• Dying too early

• Living too long

• Becoming disabled/critically ill and losing your earning capacity

Page 4: Why You Need a Life Insurance Cover

How Life Insurance Can Help - I

• They cover the risk of dying by paying a lump sum to the nominee (usually a family member) on death of the policy holder.

• This money is generally used to honour your outstanding debts, preventing the liquidation of family’s assets.

Page 5: Why You Need a Life Insurance Cover

How Life Insurance Can Help – II

•They channel your savings into various assets to create long-term returns.

• The steady savings help you to finance your life goals.

• Some plans give you a regular income during retirement, ensuring that your lifestyle stays the same.

Page 6: Why You Need a Life Insurance Cover

Thank YouLife comes with risk. Are you protected?

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Page 7: Why You Need a Life Insurance Cover

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