Having an adequate cover is the first step before you begin the investment journey.
To keep it straight, health risks and uncertainties are part of life. During any unprecedented times, we leverage money from our savings and investments. This would impact the wealth generation, I mean, the magic of compounding here. Be it life or health, having a proper and a separate insurance, would protect and help to generate a better corpus of your existing investments in the longer run.
The most common reason to buy life insurance is it provides protection to your family in case of any unforeseen events and not for any returns. Buying Term Insurance when you are healthy and young will benefit from lower premiums and adequate life coverage.
Separate Health insurance provides a much-needed financial backup at times of medical emergencies during a career change, job loss, layoffs, and mass retrenchment scenarios. You should take one when you don’t need it; when you need it, will find fewer options with higher premiums.
Last but not least, it is important to realize that both over-insuring and under-insuring can be costly.
Call us to review your need and ensure that you are appropriately covered.
Services that we provide: