“If a child, spouse, a life partner, or a parent depends on your income, you need life insurance.” – Suze Orman
Your family’s safety and security take precedence over all other goals. If your family depends on your income, you need to ensure that in case of an eventuality, they have sufficient financial assets to maintain their standard of living and achieve future goals.
You need life insurance if:
- You have family members financially dependent on you
- You have outstanding liabilities/loans which aren’t insured
- You have important goals such as children’s education or marriage, which could be jeopardized if you were not alive
If your family is dependent on you, use the calculator to find out how much insurance you need.