Buying life insurance is one of the most significant financial decisions. Before purchasing a policy, first-time buyers have many things to consider and should be given a great deal of thought before going ahead. Without much consideration, it can confuse buyers. In truth, the confusion intimidates people and is one of the top reasons they choose not to have a life insurance policy. Ease your mind with the tips…
If there is one thing that people can relate to in the previous year, it is the realization that the COVID-19 pandemic has been a wake-up call regarding people’s lifestyles and how to save and manage money effectively. With many workers losing jobs, facing a decrease in their payrolls, and increasing prices of many essential commodities, money management has never felt so important. This year, it would be wise to…
Many people struggle with finances as there is a lot to consider – from sending children to school, paying essential utilities, housing, and other financial obligations. While it is inevitable to worry about financial matters, it does not have to be a hassle. There are ways in which you can improve your financial situation. As this month is the celebration of Financial Planning, take this time to reassess finances and…
Life insurance, also known as death cover or income protection, plays an essential role in personal financial planning, protecting you, the insured, against life’s uncertainties, such as sickness, disability, and untimely death. It provides a replacement for the loss of income brought about by the circumstances, minimizing the impact of your death on your beneficiaries. Because of the financial protection and peace of mind that life insurance offers, it is…