Insurance protects your family from a large financial loss. The type and amount of cover you need changes with age, marriage, children, loans and retirement.
These lessons explain insurance at each stage of life. One rule remains useful throughout: keep insurance and investment separate. Buy insurance for protection, and invest separately for growth.
Lessons on this topic
First job
Why health insurance should come before life insurance for a young employee.
Young family
How to calculate the term-insurance cover your family needs.
Young family
How family floater and super top-up policies work.
Marriage & home
Which insurance policies to keep or change after marriage.
Marriage & home
When term insurance becomes necessary after marriage.
Nearing retirement
Why you should secure health cover before retirement.
Retirement
Medical costs that even a good health policy may not cover.
These lessons are also available under the relevant life stages.