UNDERSTANDING PROTECTION PRODUCTS FOR YOU AND YOUR FAMILY
Life insurance protects the policyholder’s family in the event of death. This provides reassuring that the policyholder's death will not result in financial hardship for their family.
The life insurance policy pays a lump sum in the event of the policyholder’s death, in exchange for which the policyholder pays a monthly premium.
Family Income Benefit
Family Income Benefit protects the policyholder’s family by providing a regular income in the event of death. There is no investment element to Family Income Benefit and no surrender value at any time.