types of coverage
Life Insurance
Critical Illness Insurance
Health Insurance
Life Insurance provides financial protection to your beneficiaries (loved ones) in the event of your death. It does this by paying a sum of money, called a death benefit, to your designated beneficiaries upon your passing.
Health Insurance
Critical Illness Insurance
Health Insurance
Health insurance is a type of insurance that provides coverage for medical expenses incurred. It is an important component of financial planning and can help individuals and families avoid high medical bills that could otherwise lead to financial hardship.
Critical Illness Insurance
Critical Illness Insurance
Disability Income Insurance
This provides financial support to individuals who are diagnosed with a serious illness or condition. It is designed to provide financial security during a difficult time and can help individuals and families manage the expenses associated with a serious illness.
Disability Income Insurance
Dependants' Protection Scheme
Disability Income Insurance
Disability income insurance provides financial support to individuals who are unable to work due to a disability or illness.
Endowment Policies
Dependants' Protection Scheme
Dependants' Protection Scheme
Endowment policies are a type of life insurance policy that combines both insurance coverage and a savings component. At the end of the policy term, the policyholder receives a lump sum payment that includes the insurance coverage payout and any accumulated savings or investment gains.
Dependants' Protection Scheme
Dependants' Protection Scheme
Dependants' Protection Scheme
The Dependants' Protection Scheme (DPS) is a type of term life insurance that offers essential financial protection for both you and your family if you pass away, become terminally ill, or experience total permanent disability.
Your journey with us
Understanding your financial situation
We will conduct a comprehensive evaluation of your current financial status by analyzing your assets, liabilities, income, expenses, and dependents who rely on your financial support.
Getting the right coverage
Once a thorough understanding of your financial status and obligations towards your dependents is obtained, the subsequent step is to determine the appropriate level of coverage. This is done to ensure that you and your loved ones are sufficiently safeguarded from any unexpected events that may cause financial distress.
Frequent Reviews are key
After getting the right coverage, we regularly review your financial circumstances and make amendments to your coverage as necessary.
common pitfalls
Not reviewing your coverage frequently
Often, individuals may have obtained an insurance policy a considerable time ago and not reassessed their coverage after significant changes in their lifestyle or financial circumstances. This may lead to the policyholder being over-insured or under-insured.
Over-insured
Over-insured refers to a situation in which an individual or entity has purchased more insurance coverage than necessary to adequately protect against potential losses or damages. In this case, the premiums paid for the insurance coverage may be higher than necessary, and the excess coverage may not provide any significant additional benefits. Being over-insured can result in unnecessary expenses and may indicate that the policyholder has not properly reviewed their insurance needs or coverage levels. It is important for individuals to regularly review their insurance coverage to ensure that they are adequately protected without paying for unnecessary coverage.
Under-insured
Under-insured refers to a situation in which an individual or entity has purchased insurance coverage that is insufficient to fully protect against potential losses or damages. In this case, the policyholder may not receive enough compensation from the insurer to fully cover the costs of a loss or damage. This can result in financial hardship for the policyholder and may require them to pay out-of-pocket for expenses that are not covered by the insurance policy. Under-insurance can occur when the policyholder does not properly assess their insurance needs or coverage levels, or when they try to save money by purchasing lower levels of coverage. It is important for individuals to regularly review their insurance coverage and make sure they have sufficient protection in place.
