Risk Management Planning

Effective risk management involves addressing controllable risks while insuring against those beyond one’s control. In financial planning, uncontrollable risks include premature death or incapacitation before retirement, which can disrupt income for oneself and dependents, and hinder the accumulation of retirement capital. Hence, insuring against unforeseen risks is vital for future planning.

Life Cover

Life cover is essential for the following primary reasons:

Disability Cover

The considerations for life cover are equally applicable to the risk of disability and the inability to earn a living. Disability cover is available in two forms:

Dread disease cover

Dread diseases can occur unexpectedly and impact the sustainability of your investment strategy. It is essential to consider insurance to mitigate potential income loss and expenses resulting from such illnesses.