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Insurance

Life Assured

It is the basic concept of life insurance. Life assured is a term that refers to the individual whose life is being insured through a life insurance policy. This fundamental concept lies at the core of understanding life insurance. It is crucial to recognize that the life assured is the person whose life is being financially protected in the event of their death. In simpler terms, they are the beneficiary of the life insurance policy. This understanding is essential in comprehending the various aspects of life insurance and its significance in financial planning.

Personal coverages

Income protection insurance is a type of insurance that safeguards against potential interruptions in an individual's income caused by unexpected events. It provides financi...

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Loss exposure checklist

One valuable tool utilized by both businesses and individuals in the field of finance is risk identification. It serves as a comprehensive list of potential losses, enabling...

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Single Premium Policy

Life insurance is a financial product that offers coverage for a specific period or for your entire life, depending on the terms of the contract. It involves a one-time lump...

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Variable annuity

An annuity is a financial product that can vary in value depending on the performance of the underlying investments. This means that the value of the annuity can go up or do...

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