Life insurance & pensions insurance

Life Insurance and Pensions are products that protect your income/lifestyle and in some cases your family, in the event of premature death or even just once you reach retirement age and are no longer working.

The following is a list of common life insurance and pension products:

• Life Insurance - Financial protection arising from the death or permanent disability of an insured person.
• Endowments - An insurance policy by which a stated amount is paid to the insured after a period of time specified in the signed contract or to the beneficiaries in case the insured dies within the time specified.
• Pensions - Regular payments made to people after they retire from employment because of age or disability, received from the government under social security or from private employers and companies.
• Annuities - A form of investment yielding fixed payments during the holder's lifetime, usually for a specified number of years and sometimes, in perpetuity
• Investment Funds - A trust or corporation that invests in securities the funds obtained from the sale of its own shares and distributes a return to its shareholders from the income of the securities.