Protect against major
Be a security
for you loans, esp. Home loans.
Build cash value for
Build Pension to be
available during your retirement.
support for your family and enable your loved ones to maintain their standard of living in the case of an terminal eventuality.
insurance need will change as your life does, from starting to work to enjoying your golden years and all the stages in between.
Each one of these stages may pose a different insurance need/cover for you. In this section, we have drawn up the basic life
stages and help you analyze various insurance needs accordingly.
STAGE 1: Young and Single
An important stage where
one lays down the foundation of a successful life ahead. Take advantage of the time and power of compounding to ensure that
you build up your dreams. Start saving early.
STAGE 2: Just Married
brings about a significant change. New dreams and new opportunities also bring in additional responsibilities. While both
of you look forward to a happy and secure life , it is equally important to ensure that eventualities don’t come in
the way of shaping your dreams.
Planning for home / securing your home loan liability
Save for your first child
STAGE 3: Proud Parents
you have children, your need for life insurance is even more. You need to protect your family from an untoward incident. Ensure
your protection umbrella takes into account the future cost of securing your child’s dream. You will want life to go
on for your loved ones, and having enough life insurance is a way to help ensure that.
Provide for children’s education
Safeguarding family against loan liabilities
Savings for post-retirement
STAGE 4: Planning for Retirement
While you are busy climbing the ladder of success today, it
is important for you to take time and plan for your life after retirement. Having an early start for retirement planning can
make a significant difference to your savings.Think about your golden years even before you have reached them. The key is
to think ahead and plan well using your time and money.