Insure Your Future, Today...
The Foundation of Safety
Insurance is a contract that transfers risk from you to an insurer. It's the safety net that catches you when life happens.
🛡️ 1. Risk Transfer
Concept: Moving the financial burden of a loss from you to the company.
Why it matters: Protects your savings from sudden, large expenses.
💸 2. The Premium
Concept: The amount you pay (monthly/yearly) to keep the policy active.
Why it matters: Cheaper isn't always better; balance cost with coverage.
✂️ 3. Deductible
Concept: The part of the claim you pay from your own pocket.
Why it matters: Higher deductibles usually mean lower premiums.
💰 4. Sum Assured
Concept: The maximum amount the insurance company will pay.
Why it matters: Ensure this covers your actual replacement needs.