The journey of life is increasingly facilitated with a wide range of products and services that are very helpful; one of them is life insurance. For the sake of preparing heritage and living comfort for families left behind, life insurance products provide a means for you to ' save ' in the form of premiums paid and get greater benefit on the day or time of death happen. Generally, life insurance products can be divided into 2 types: traditional and link units.
Traditional life insurance provide pure protection, in the form of granting the benefit at once at the end of contract/time of death, or the provision of the benefits at regular intervals which can be used for needs in retirement or children's education. The entire premium paid big benefits contributed to the ultimate given.
- Unit Link
Life insurance unit link is a protection life insurance and investment commonly in form of mutual funds (mutual fund choices) the funds set and run by investment manager from the insurance companies. Some of the premium paid contributes into investment fund, so that in addition to the benefits in late contract at once and periodical, you also will get the result the investment. Some life insurance unit link certain also allows you to stop paying the premium while during yields enough to cover up.