Understanding the Trend: Decrease in Private Hospital Insurance Demand
The recent news of fewer individuals opting for private hospital insurance plans, coupled with a growing number of older adults abandoning such coverage altogether, underscores a significant shift in healthcare preferences and financial decisions.
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 […]
Do More Life Insurance Riders Equal to Better Coverage? Debunking the Myth.
Does having more riders mean better coverage? The more riders I add to my plan, the more coverage I should have, right? Is this a myth or a fact? There are times when I ask some of my contacts if they know what they purchased for their insurance plan, and their response is, “I think […]
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 […]
