The need for individual insurance and planning for the future is essential to compensate for financial loss and associated manage risks, including:
Protection of family income when the bread winner is permanently disabled or deceased.
Settlement of estate debts after a person’s demise.
Planning for ones retirements, children’s education.
Planning for returns on investment and losses covering for risks that may occur due to property damages e.g. personal cars, residential house and domestic assets, etc.
Paying for medical expenses in the event of hospitalization due to natural illness or accidental injuries.
Continuation of contribution towards charitable causes to finance individual /dependants / organizations that were previously being supported by a deceased.
The types of individual insurance products and solutions are:
Life Assurance Solutions General Insurance Products Investment Products
