17/02/2019
Insurance should not always be just associated with the word "death". Here are some important words that should also be considered when you think of the word "Insurance".
1. Risks - It helps you be prepared for it.
2. Management - It helps you meet your life goals by properly managing your finances.
3. Loss/Losses - It ensures you and your family are prepared for any losses (loss of income, loss of employment due to disability or loss of life).
4. Safeguard - It safeguards you and your loved ones' future.
5. Protection -It protects you and your family from life's uncertainties.
6. Liability - Liability Insurance protects you from potential liabilities arising out of unexpected accidents or damages.
7. Accident - No one is ever prepared for accidents. But having life insurance will ensure you and your family are covered financially in case of any mishap.
8. Policy - Your insurance policy acts as the contract that bonds and creates partnership between you, your financial advisor and the insurance company.
9. Investment - Life insurance not only offers death benefits. It also offers living benefits such as investment.