Life Insurance Love For Family
Life Insurance Love For Family - Maybe many of us are thinking, what is it to have life insurance if we already have enough investment, an adequate monthly salary, and children's education funds have been allocated properly until tertiary needs are already owned. It seems that our financial condition is safe, right?
Unfortunately, the recent events of several news portals say otherwise. Reportedly, a young man who worked in one of the well-known IT companies died suddenly due to a stroke. If you look at his social media accounts, the man has a healthy lifestyle; he diligently consumes nutritious food, likes to exercise, especially running, and even participated in marathons in several countries in the world. Who would have thought that a deadly disease such as stroke could also affect people who are still relatively young, and have a healthy life?
Moreover, his death left his wife and two young children. With the condition of losing the main breadwinner in the family, it is difficult to imagine how they can finance life in the future. The above story can happen to anyone, including all of us. Don't want the life of your dear family to be difficult if suddenly something untoward happens to us? That is why we are obliged to protect ourselves with the protection of the soul as proof of our love for family.
Let's Get to Know What Life Insurance Is
What is life insurance? The definition of life insurance is a protection program for families in the event of unwanted things, such as death, against the insurance policyholder. Yes, like the example above, life protection is intended to provide financial security and definite protection to the family left behind if the insured dies.
Simply put, we as the insured are obliged to pay a certain amount of premiums periodically. Later when we die, the money will be given by the insurance company as a Sum Insured (UP) to the family left behind as stated in the contract agreement.
Unfortunately, the awareness of the Indonesian people has protection in the form of life protection still tends to be low. From research data compiled in the Manulife Investor Sentiment Index 11 in 2017, only 1% consider having life protection as a priority.
So, What should you prepare before you have life protection?
1. Set Aside a Budget
It is not easy to allocate funds every month for things that we cannot enjoy at this time. For this reason, instill the proverbial "sickening first having fun than" in our minds. Understand that the money we save at this time will be of great benefit to our family in the future. Ideally, set aside 10-20% of monthly income for a special allocation post to pay life insurance premiums.
2. Have Insurance While Healthy
Each insurance company has specific provisions for prospective buyers of their insurance. One of the most common is the state of health of the future owner of the policy. Even health conditions can also affect the cost of premiums that must be paid, usually the younger and healthier a person is, the lower the premium that must be paid. For that, immediately have insurance while we are young and healthy.
3. Adjust to Your Needs
Before choosing insurance, it's a good idea to first study what products are offered and compare one insurance product with another. Make sure the life insurance benefits offered are by your needs, for example, the total disability benefit that allows us as insureds to get a sum insured when we can no longer work. In addition, also make sure the life insurance company you choose is credible and trustworthy.
In general, there are two types of life insurance, namely term life insurance, and whole life insurance. Term Life Insurance protects for a certain period with fixed premiums, ranging from 5, 12, 15, and 20 years. So, during that period, the breadwinner will be protected. There are 3 (three) term protection products from Manulife that can be tried: Term Saving Protection, Protection Soul Compensation, and Manulife Persona Guard.
As for Whole Life Insurance, this type of protection protects up to the age of 99 years and is accompanied by a cash value. This cash value is the right of the policyholder and can be disbursed. There is 1 (one) variety of lifetime protection products from Manulife, namely: Manulife Essential Assurance.
In closing, having life protection is a guarantee that must be owned by the main breadwinners. Come on, it's time for grace to have a life insurance product to protect your beloved family. Never assume life protection is a tertiary necessity. Make life protection the main need that can provide certainty for the survival of the family in the future. In short, prepare an umbrella before the rain, and prepare the best protection for the future of the beloved family.