Income Replacement: If you have dependents who rely on your income, life insurance ensures they are financially secure. It replaces lost income and helps maintain lifestyle.
Inheritance and Gifts: You can use life insurance to provide an inheritance or make a charitable gift to your beneficiaries
Business Protection: If you’re a business owner, life insurance can safeguard your business by covering debts or providing funds for succession planning.
Investment Diversification: Some policies, like whole life insurance, offer a cash value component that can serve as an investment or savings vehicle.
BENEFITS…..
Whole life coverage till the age of 99 years with guaranteed maturity benefits.
High claim settlement ratio (99.02%).
Flexible premium payment options.
Optional critical illness and accidental disability riders.