Insurance provides protection from financial loss and is a form of risk management. Personal insurance is categorized into three main forms: life insurance, which pays out either upon the death of the insured or after a set period; critical illness insurance, which provides a lump sum payment if the policyholder is diagnosed with an illness on an approved list; and disability insurance, also called income protection, which insures a beneficiary's earned income if a disability prevents them from working.

1. T E J E N D E R S I D H U I N V E S T M E N T
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I N S U R A N C E A D V I S O R

2. Insurance is a means of protection from
financial loss. It is a form of risk
management, primarily used to hedge
against the risk of a contingent or
uncertain loss.

3. When we talk about personal insurance, it is
categorized into three different forms
Life Insurance is a contract between an individual
and an insurance company that pays out a sum of
money either on the death of the insured person or
after a set period.

4. Critical Illnesses Insurance or a dread disease policy
is an insurance product in which the insurer is
contracted to typically make a lump sum cash
payment if the policyholder is diagnosed with one of
the specific illnesses on a predetermined list as part
of an insurance policy.

5. Disability Insurance often called DI or paycheck
insurance, or income protection is a form of
insurance that insures the beneficiary’s earned
income against the risk that a disability creates a
barrier for a worker to complete the core functions of
their work.

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