You are on page 1of 1

How to choose the right life insurance

Before choosing to buy the right life insurance, you should


understand what life insurance is and the importance of life
insurance in our lives.

WHAT IS A LIFE INSURANCE?


Life insurance is a contract between an insurer and a policyholder in which the insurer
guarantees payment of a death benefit to named beneficiaries upon the death of the
insured.

THE IMPORTANCE OF LIFE INSURANCE


 Provide protection for yourself and family
Because disaster cannot be predicted, this is where life
insurance plays a role in our lives. Life insurance is a
form of prevention that acts as financial assistance when
the disaster occurs.
 Getting Accident Protection
With life insurance, you don't need to spend savings to pay
for your treatment.
 Applying Finance that Is More Disciplined
In addition to helping finance better, the income allocated
to insurance will be more useful.

here the tips for choosing the right life insurance for you
and your family

 adjust to your needs


Some insurance companies will offer you more than one
product, therefore choose products that suit your needs,
abilities, and financial goals.
 Budget
Choose pure health insurance whose premium is relatively
lower than insurance plus investment, if you need complete
health insurance benefits but have a limited budget.
 Do While You Are Healthy
If in a healthy condition, the premium paid will be minimal
than if you buy it when you are sick.

You might also like