If you outlive your policy term, the coverage expires, and no payout is made. However, you may have options to renew, convert to a permanent policy, or purchase a new plan.
An investment loan allows you to borrow money to invest in eligible assets such as mutual funds. This strategy is well-suited for individuals with a stable income and long-term financial goals. Instead of using your savings, you can leverage borrowed capital to increase your investment potential. With the possibility of tax-deductible interest and compounded growth, it offers an efficient path to build wealth over time.
Investment loans are designed to enhance your financial strategy without affecting your daily cash flow. With proper planning and risk assessment, they can provide higher returns and greater flexibility. Whether you’re growing your portfolio or aiming for future financial security, this approach gives you the advantage of investing more—without waiting.
Investment loans give you the opportunity to grow your wealth faster by using borrowed funds. They offer a smart way to invest more without using your savings, while also providing potential tax benefits. With the right planning, this approach can help you reach your long-term financial goals more efficiently.
If you outlive your policy term, the coverage expires, and no payout is made. However, you may have options to renew, convert to a permanent policy, or purchase a new plan.
Yes! You can enhance your coverage with optional riders such as critical illness, accidental death, or disability benefits to better suit your financial needs.
Your coverage should ideally be 10-15 times your annual income to cover living expenses, debts, and future financial needs like education or mortgages for your loved ones.