12.16.2006
When do you need protection in life?
Most people shy away when they hear "buying insurance". Sure, insurance agents may be pesky folks sometimes, but getting adequate protection when you need it should not be avoided. There are periods in your life when you need to consider protection. Not just for yourself but also for your loved ones. The important times to think of getting protection are when getting married, expecting a child, buying a home and planning to retire.
Getting married
When you get married, your first priority is to ensure your spouse's well-being, especially if they are partially dependent on your income. Should anything happen to you, your spouse will have the necessary funds to go on in life.
Expecting a child
Your child is totally dependent on you for providing for all his needs (food, childcare, education). All these are costly but with proper planning, you can provide adequately for you child.
Buying a home
Buying property is among the biggest investments in a person's life. A home can provide shelter for you and your loved ones, so an insurance plan ensures your family has a roof over their heads if something unexpected happens to you.
Planning to retire
Nowadays with ever increasing cost of living, your retirement fund may not be enough to provide for you and your family. Planning ahead is a good way of ensuring you have enough funds to maintain the quality of life you desire when you retire.
Reference: GE Life Insurance brochure
Getting married
When you get married, your first priority is to ensure your spouse's well-being, especially if they are partially dependent on your income. Should anything happen to you, your spouse will have the necessary funds to go on in life.
Expecting a child
Your child is totally dependent on you for providing for all his needs (food, childcare, education). All these are costly but with proper planning, you can provide adequately for you child.
Buying a home
Buying property is among the biggest investments in a person's life. A home can provide shelter for you and your loved ones, so an insurance plan ensures your family has a roof over their heads if something unexpected happens to you.
Planning to retire
Nowadays with ever increasing cost of living, your retirement fund may not be enough to provide for you and your family. Planning ahead is a good way of ensuring you have enough funds to maintain the quality of life you desire when you retire.
Reference: GE Life Insurance brochure
Labels: Life
