Life Insurance
Life Insurance capitalises on a person’s future potential for current use when you need it most. Most hopes and dreams in this material world is dependent on an individual’s ability to work and earn an income — these policies allow you to pursue those goals in the event that you lose that ability. In the worst case scenario, it ensures you and your loved ones are provided for in the unfortunate event you are unable to do so.
Coverage
Pardon the morbidity, but these are important to protect yourself against.
Death
Pretty self-explanatory — for any reason. Take note, suicide in the first year is not covered.
Critical Illness
Upon discovery of serious illnesses which includes cancer, heart attack, stroke, kidney failure etc.
Total & Permanent Disability
A disability that renders you incapable to work or care for yourself.
Life Policies
The following policies can cover all of the above based on your needs.
Whole Life
This covers your entire life as you never know when disaster might happen. The sum assured will continue to grow as time passes and will be paid out when you pass on.
Term
At a lower cost, it covers you for a specific period of time that may be significant to you (e.g. the next 20-25 years). The sum assured remains constant.
Savings & Retirement
Typically higher cost, it covers you for a specific period and time. It gives you a sum of money when the period ends even if the policy is not triggered during that period. This can be used to fund a child’s education plan or your retirement.
Investment-Link
This policy allows you to make adjustments that prioritises coverage or growth of sum assured based on your current needs — increasing protection and reducing the rate of returns, or a reducing coverage to prioritise investments.
Schedule a Consultation
There are numerous types of life insurance plans in the market with various permutations and combinations available to you. We can tailor these plan to suit whatever needs you may have in a simple, fuss-free manner. Don’t hesitate to reach out to us if you need help.
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