Why You Need a Life Insurance Cover
Life comes with risk. Are you protected?
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• 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?
Risks That You Face
• Dying too early
• Living too long
• Becoming disabled/critically ill and losing your earning capacity
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.
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.
Thank YouLife comes with risk. Are you protected?
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