Understand life insurance
10/27/20242 min read
Importance of life insurance in the world
Life insurance plays a crucial role in financial planning and security across Asia, where diverse economic landscapes and varying levels of social security create unique challenges for individuals and families. With increasing urbanization and lifestyle changes, many face heightened risks, making insurance a vital safety net. It provides not only financial protection for loved ones in the event of unexpected tragedies but also helps in wealth accumulation and investment planning. Additionally, as awareness of health issues and aging populations grow, life insurance products are evolving to meet the needs of consumers. By highlighting the importance of life insurance, individuals can better understand its value in safeguarding their futures and achieving financial stability in an unpredictable environment.
One of the best life insurance in the asia
Mr. A is the sole breadwinner of his family and works hard to ensure they live well. However, he worries that they will suffer if he is no longer able to provide for his wife and kids.
We will recommend client to choose the life insurance with the largest sum insured amount within his budget.
He applied for a famous life insurance prodiuct in Hong Kong ,and the company is originated from Canada.
Single Premium Paid: USD1,914,600
Projected Surrender Value at Mr. A’s age 90: USD10,660,748
557% of single premium paid if he choosed to surrender the policy.
Projected Death Benefit at Mr. A’s age 90: USD14,216,201
743% of single premium paid if he passed away at age 90.
Make it simple,life insurance is the most convenience way for legacy planning.
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28th OCT - 1st NOV 2024
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