Understand and reevaluate
Each life phase involves different insurance needs and requires different coverage. Insurance should never entail a “buy and forget about it” strategy. Life circumstances change and so do your insurance needs. The best approach for any insurance plan is to revisit it at certain time intervals and adjust it to ensure it covers your current and medium-term circumstances.
Your ideal financial journey may be very different in reality as you face any number of issues and challenges.
Financial security
Depending on your life stage, different types of insurance are better suited to help protect your income or protect your assets.
Why insurance?
Consider some major life risks and your family's ability to cope with life-changing events.