Life Risk Protection

Life Risk refers to the financial impact on your family or dependents in the event of your untimely death, disability, or critical illness. It’s the risk of income loss that can severely affect your loved ones’ lifestyle, education, and future security.

 

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⚠️ In Simple Terms:

 

Life risk is about asking:

“If something happens to me, will my family be financially secure?”

 

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🧩 Types of Life Risks:

1.Premature Death – Loss of income and financial support

2.Critical Illness – Cost of treatment + income disruption

3.Disability – Inability to work or earn consistently

4.Loan Liabilities – Family burdened with unpaid debts

 

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🎯 Why Life Risk Planning Is Important:

•Protects your family’s financial future

•Ensures children’s education and lifestyle continuity

•Covers loans or liabilities in case of death

•Provides peace of mind knowing your loved ones are safe

•Helps avoid financial stress during medical emergencies