The evolution of Life Insurance

Guys, I thought i should share the history of life insurance since people often have misconceptions about its purpose. Hope you can take the time to enjoy this short clip.

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Amazing explaination of crtical illness

This is an amazing video that explains the benefits of critical illness coverage. Critical illness policies pay the entire coverage in a lump sum payment, and only pay for the first illness. It is important to acquire adequate coverage .

Retirement planning for the self employed .

A large percentage of people working in Trinidad and Tobago are self-employed, according to the Central Statistical Office, and for them, retirement planning brings unique challenges. Unlike employees in more traditional jobs, many self-employed workers cannot rely on a steady monthly pay cheque. Being self-employed also means that you are on your own when it comes to retirement savings. Whereas employees are automatically enrolled in the National Insurance Scheme (NIS), and some benefit from employer-provided pension plans, there are no similar provisions for the self-employed. The good news is that there are still savings options open to self-employed workers who want to retire comfortably, especially for those who start early. Annuities Provided by insurance companies and other financial institutions, an annuity lets you pay premiums and receive a lump sum or regular payments in the future. Mutual funds A mutual fund is a managed portfolio of stocks and ...

Are your possessions more important than your life?

As you all know its mandatory to have motor insurance once you own a vehicle, yet people still shy away from owning life insurance. Lets say an accident does occur and both the car and life is lost. Will a family find comfort in a replacement car while they mourn the passing of their loved one. What's your thoughts on this? I'll love to know ,place your comments below.

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