A Complete Guide to Investment-Linked Policies (ILPs)

You can read chapter 4 of our eBook here. Investment-Linked Policies (ILPs) The world of ILPs has constantly evolved, and many insurers have launched numerous ILP products in recent years. The Havend team is constantly conducting research to gain a better understanding of these products. In recent years, insurance companies have created different types of […]

Term vs. Whole Life Insurance: Key Differences

You can read chapter 4 of our eBook here. There are various types of insurance policies in the market. Typically, the common three types of insurance policies provide life, total and permanent disability (TPD), and critical illness coverages as listed here: Term life policies Whole life policies Protection-based investment-linked policies (ILPs)   1. Term Life […]

How Much Insurance Is Required? (Part 2)

You can read part 1 of this article here. Scenario Using the earlier case study: Dan, a sole breadwinner, male, age 40, non-smoker, with a family of two children, working as a sales manager in an MNC and earning an annual income of $200,000. Assuming that this is Dan’s financial situation: Family income required: $120,000 […]