What is Income Protection Insurance?

What Is Income Protection Insurance? Income Protection Insurance provides a regular income to individuals who are unable to work due to illness, injury, or disability. It replaces a portion of their lost income during the period of incapacity. Policies cover a range of conditions, have waiting periods and benefit periods, and premiums are based on […]

What is TPD Insurance?

What Is TPD Insurance? Total and Permanent Disability (TPD) insurance provides a lump sum payment if you become permanently disabled and are unable to work. It covers medical expenses and other costs associated with disability. There are two types: Own Occupation (covers your specific occupation) and Any Occupation (covers any suitable occupation). Premiums are based […]

What is Trauma Insurance?

What Is Trauma Insurance? Trauma insurance, also known as critical illness insurance, is a policy that provides a lump sum payment if you are diagnosed with a specified critical illness or experience a traumatic event. It helps cover medical expenses, lifestyle adjustments, and financial support during recovery. The coverage and conditions vary among providers, so […]

What Is Life Insurance?

What Is Life Insurance? Life insurance is a financial product that provides a payout, known as the death benefit, to the beneficiaries of the insured person upon their death. It helps protect loved ones by providing financial support for expenses like funeral costs, debts, and living expenses. Premiums are paid regularly, and the amount depends […]