Financial Planning for Family Future
Life is a journey for all of us – we continue to learn and grow with the different life experiences which we gain at various stages of our lives. And we build upon our previous life experiences and mold ourselves to be a better person for the next stages. Whether we are in our 20s, about to graduate from the University or starting our first job, it is common for everyone to start thinking about our future, sets goals, and prepare a plan to reach those goals.
In order to achieve our life goals, we need to be smart and rational in managing your income while planning for our future. Here, we highlight the importance of financial planning, and the role of life insurance plays in achieving our life goals.
Why is Financial Planning Important?
- It is no surprise that MONEY plays an important role in our lives. Having a good financial planning is what allows us to support ourselves, our loved ones and the people around us. Hence, it is essential that we have the right strategies to manage our income and expenses.
- The lack of financial planning increases the risk of financial burdens in the long run. Having the right foundation can give us an advantage in achieving our goals and creating a better future for our next generation. It’s never too early to start thinking about our future and plan ahead.
How Can Life Insurance Benefit Us?
- Simply put, life insurance is a financial plan which ensures that you and your loves ones are financially protected in the case of an unexpected incident. By committing to a regular investment plan, having life insurance allows you to attain a certain savings amount which is linked to any or one of your life stage requirements upon the maturity of your policy. For instance, your life stage requirements could be saving for your child’s education, a new home, a retirement fund etc.
- As life insurance gives the dual advantage of savings and protection, your dreams and plans can continue un-interrupted. So, how early should we start planning? “The sooner the better”. It is important to get insured at the early stages of your life to ensure that you and your loved ones’ futures are protected and to have a peace of mind in life.
- Whether you are progressing your career or starting a family, it is important to continue analyzing your savings, your protection needs and/or supplements of your existing insurance and savings plans. At Dai-ichi Life Insurance Myanmar, we offer tailor-made plans to suit a wide range of budget and protection requirements. With a simple needs analysis of your savings and protection needs conducted by our sales team, we can provide the best financial solution for you and your family.
When You Start
Your First Job
When You Start Your First Job
When you first enter the workforce, there are many things you wish to purchase – a car, a better phone, or even a house.
A life insurance plan ensures that the loans you take up do not end up being a liability for your loved ones, in the event you are not around.
When You
Get Married
When You Get Married
Marrying your soulmate is an important point in life. You’ve finally found The One, and you want to provide them with a comfortable life.
A plan like “Dai-ichi Life Pro” can ensure that you will get financial protection, and your family will live worry-less of financial problems in the unfortunate event of death.
When You
Retire
When You Retire
You’ve worked hard and want to sustain the same standard of living after your retirement and be able to support yourself.
A life insurance plan with Dai-ichi Life Insurance Myanmar can help you accumulate savings when you are economically active.
Combo Plans
Combo plans offer a simple and effective way of having numerous benefits, providing financial protection and savings without the hassles of buying a different insurance plan for different needs.
These are in fact one of the most flexible plans as it allows the customer to pick and choose the benefits that he/she may want from the plan, and drop the features he/she may not want from the plan.
Combo plans consist of the base (or main) product and then these can be enhanced through adding additional products (enhancers or riders) into the base (or main) plan.
We have an attractive 3-in-1 plan called “Dai-ichi Life Pro”. This is the base (or main) plan which offers 3-in-1 benefits of Protection, Cashback and Guaranteed Maturity Benefits. Additionally, 2 more add-on plans (riders) can be clubbed to this Dai-ichi Life Pro, depending on client’s needs and choices. (1) Those looking at higher coverage (protection) can add additional insurance cover at very low premiums by adding our “Dai-ichi Guard” rider. (2) Those looking for insuring themselves for unforeseen expenses from critical illnesses, can add a “Dai-ichi CI Plus” rider into the base (main Dai-ichi Life Pro) plan. A client can also choose to add both riders, thereby giving them all 5 benefits from 1 plan – Base Protection, Cash Back, Guaranteed Maturity, Enhanced Protection and Critical Illness cover.
What We Offer
Our products and services are designed to support your financial needs.
Be it life insurance to protect yourself for your loved ones, or a plan to secure your children’s future education or any other long-term financial needs, we want to help you achieve the peace of mind that you deserve.
