Insurance Planning

Importance of Insurance

The main reason we get life insurance is protection; it can offer financial support in times of need in the event that we pass away or are rendered totally and permanently handicapped. Some life insurance policies include both an investing component and insurance coverage, and they can be used to save money for your loved ones' future or to supplement your retirement income.

An agreement between you and an insurance company is a life insurance policy. You pay a premium for the specified amount of time in exchange for the advantages offered by your policy.