Insurance is a contract which enables the transfer of risk from one party (the insured) to the other party (the insurer). There are economic or financial consequence to a risk and insurance indemnifies or protects us against these risks. We cannot avoid events. But what we can do is to minimize losses arising from those situations by taking adequate insurance.
Income is the base of all financial plans and any event that will affect income of the individual will affect the achievement of the goals than financial plan seeks to achieve. Insurance can be used to protect the income so that the financial goals are not at risk.
It is our duty to protect your interests from insurable risks in utmost good faith. It starts with identifying the insurance needed. The insurance needs vary with people and situations. It involves identifying the protection needs, estimation of insurance coverage, identifying the most suitable insurance product which maximize risk coverage and minimize insurance premium payments.