What is Life Insurance?
Want to learn more about Life Insurance? Learn more about life insurance and its benefits in your financial lifestyle. We are Synergen can help you identify what type of Life Insurance that will fit your financial needs.
Life insurance is basically a contract with an insurance company and the person insured. In exchange for premium payments by the insured, the insurance company will provide a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death.
Importance of Life Insurance
Life insurance proceeds can be used to replace lost potential income during working years. This can provide a safety net for your beneficiaries and can also help ensure the family's financial goals will still be met.
The life insurance of a person should be base on their financial goals such as the following paying off a mortgage, keeping a business running, paying for college education and estate planning.
Benefits of having a Synergen Financial Adviser
We at Synergen aim and achieve to provide an objective best-suited solution to our clients. Through our financial needs analysis process. We marry your needs to the appropriate solution available. With our best-in- industry partners, as we only partner with the best, we give you options that in accordance to your requirements. Our open architecture gives us the freedom to look for the solutions with you and for you.
Insurance is an example of your "JUST IN CASE" money. Watch the video below
Pru Life UK teaches kids on the value of savings and investment through their Cha-ching series.