Life insurance forms an important part of your financial planning. It provides you peace of mind knowing that you and your loved ones are well- protected against unforeseen circumstances such as illness, disability and death.
Life insurance is a contract under which the insurance company undertakes to pay a benefit if an unfortunate event occurs in exchange for a premium payment from the policyholder. There are several types of insurance plans including whole life, endowment, term, health, critical illness etc. Speak to your financial adviser for the types of plans that meet your specific needs.