Life Insurance removes the risks to the income of a household from situations such as loss of income, reduction in income or an unplanned and unexpected charge on income which will upset the personal financial situation of a household.
Traditionally life insurance policies can be categorised based on the benefit patterns. Type of Life Insurance policies are:
Insurance companies offer products to meet specific life cycle needs of the insured. This includes products like:
There are multiple option, variants and criterion for policies, please reach out to us for a more detailed and case specific discussion.