Saturday 23 November 2013

How Can Insurance Help Me








THE MOST VALUABLE ASSET MOST PEOPLE POSSESS IS THEIR ABILITY
TO EARN MONEY. HOW LONG CAN YOU EARN? DO YOU KNOW?”

HOW CAN INSURANCE HELP ME

Many people think insurance is only income protection to their family. However, it’s also important for tax and estate planning.
It also means more peace of mind for you!”
  1. Pay your bills if you get sick, injured or disabled.
  2. Make sure your love ones have enough money to live on after your death or
Disability.
  1. Pay your loans.
  2. Build up saving to pass on to your spouse or your children.
  3. Help reduce or defer taxes on the wealth you want to pass on. That means you will have more saving.
  4. Help your family pay any final costs on your estate.
  5. Life insurance can help your business survive the death of a key employee, including a business partner.
  6. Some life insurance is even useful for borrowing money. If you have build up cash value on your policy.
  7. Save your family from creditors
  8. Donate to charity by making a charity a beneficiary or the owner of your policy.
  9. Protect your interest in a business – by provide money to buy out a death (deceased) business partner’s share (stake) in business (very important for partnerships).
    Life insurance can play many roles in your financial planning”


    About the author: Kertar Singh has joint Great Eastern Life Assurance in August 1995 as a part time agent.
    Became a full time agent in 2000 after retiring from the army after 22 years.
    He deal with all kind of Insurance from Life Insurances to General Insurances and Will Writing.
    Kertar.en@gmail.com
    H.P 013-322 8582



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