It is all about risk management and it protects against your financial losses due to events of misfortune such as death, total permanent disability, critical illnesses, fire, floods and burglaries.
A good financial plan with regular savings and long term investments is important to achieving your personal financial goals, such as retirement or planning for a child’s tertiary education.
Estate planning ensures that your wealth will be distributed to those you wish to, so that you can achieve your personal and family goals even when you are no longer around.
Retirement planning ensures that you have sufficient funds to cover your daily expenses after you have retired.
