Description:

This course provides a comprehensive introduction to the basics of life insurance. It covers various aspects of life insurance, including the meaning and types of life insurance policies. Additionally, the course explores the key differences between life insurance and investing, helping learners understand the distinctive aspects of each. Participants will also discover how to calculate the appropriate life insurance cover based on individual needs and liabilities. Moreover, the course delves into the impact of different ailments and lifestyles on life insurance premiums, enabling learners to make informed decisions. Lastly, participants will gain insights into the distinction between death benefit and sum assured by comparing various insurance plans.

Key Highlights:

• Meaning and types of life insurance
• Differences between life insurance and investing
• Calculating accurate life insurance cover
• Factors affecting life insurance premiums
• Understanding death benefit and sum assured

What you will learn:

• Learn the meaning of Life Insurance
  Understand the concept and purpose of life insurance policies.
• Explore the benefits of Life Insurance
  Discover the advantages and protective features offered by life insurance.
• Differentiate between Life Insurance and Investing
  Understand the key distinctions and benefits of each approach.
• Calculate the appropriate Life Insurance cover
  Learn how to assess your specific needs and liabilities to determine the ideal coverage.
• Discover factors affecting Life Insurance premiums
  Explore how various ailments, lifestyles, and other factors impact insurance costs.
• Familiarize yourself with essential Life Insurance terminologies
  Learn the meanings of key terms and concepts used in the insurance industry.