What Is Insurance
Insurance is a means of protection from financial loss. It is a legal agreement between two parties i.e. the insurance company (insurer) and the individual ( insured ) in this, the insurance company promises to make good the losses of the insured on happening of the insured contingency.
Why do you need Insurance?
You need insurance to protect your life your ability to earn income , and to keep a roof over your head. Insurance plans are beneficial to anyone looking to Protect their and themselves from financial risk/ losses.
- Protection for you and your family , assets/property
- Reduce stress during difficult times
- A legacy to leave behind A lumsum death benefit can secure the financial future for your children and protect their standard of living
- Peace of mind.
- Maintain your current standard of living.
- Security for health and property.
