Life insurance is a protection contract that will provide you with peace and financial security if you are no longer able to provide support for a loved one, either for medical reasons or because of death. If you are still in doubt about the importance of having a life insurance policy. Life insurance will cover all medical expenses if one day you are sick and need medical attention. In addition, if you as the breadwinner in your family are hit by a disaster that causes you to no longer be able to actively work, you don't need to worry because life insurance will provide the sum insured so that you and your family can still pay for your daily needs.
Preparing for old age after retirement is one important thing that is still often underestimated by many people. In fact, of course it takes planning in advance to face a time when you no longer have a regular income every month. This problem can be helped if you already have life insurance from an early age. Because that means you already have a savings fund through premiums that you have paid regularly. Even the money that has been saved cannot be taken at any time, so it will not be disturbed and you can use it in the future. The premium that you pay is not only used to provide protection for you, but will be managed by the insurance provider into various types of investments that can benefit you. Like an investment, its success certainly depends on how carefully you and the provider manage your money. For that, make sure you choose the best life insurance provider so that your investment can generate big returns.