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 […]

Should You Get a Term Life Plan or Whole Life Plan?

When embarking on insurance planning, you will encounter terms like whole life coverage or term insurance and may be unsure which plan best suits your needs. Whole life plans are often marketed aggressively, with insurance advisers emphasising the necessity of permanent life coverage. However, at Havend, we strongly advocate term insurance in most cases, and […]