Transcript
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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