Maybe many
of us think, why have life insurance if we already have sufficient investment,
adequate monthly salary, children's education funds have been allocated
properly, so that tertiary needs are already owned. It looks like our financial
condition is safe, right?

Unfortunately,the events that were published in a number of news portals recently saidotherwise. Reportedly, a young man who worked in a well-known IT company diedsuddenly from a stroke. In fact, judging from his social media accounts, theman has a healthy lifestyle; He diligently consumes nutritious food, likes toexercise, especially running, and has even participated in marathoncompetitions in several countries around the world. Who would have thought thata deadly disease such as a stroke could actually attack people who are stillrelatively young and have a healthy life?

Moreover,his death left his wife and two small children. With the condition of losingthe main breadwinner in the family, it is difficult to imagine how they canfinance their lives in the future. The story above can happen to anyone,including all of us. Don't want your beloved family's life to be difficult ifsuddenly something unexpected happens to us? That's why we must protect ourselveswith soul protection as proof of our love for our family.

Let'sKnow What is Life Insurance

What is lifeinsurance? Definition of life insurance is a program of protection for familiesin the event of unwanted things, such as death, to insurance policy holders.Yes, as in the example above, life protection is intended to provide financialsecurity and definite protection to the bereaved family if the insured dies.

Simply put,we as the insured are required to pay a certain amount of premium on a regularbasis. Later when we die, the money will be given by the insurance company asSum Insured (UP) to the bereaved family as stated in the contract agreement.

Unfortunately,the awareness of the Indonesian people to have protection in the form of lifeprotection still tends to be low. From research data compiled in the ManulifeInvestor Sentiment Index 11 in 2017, only 1% considers having life protection apriority.

 

So, whatshould be prepared before having a soul protection?

1. Setaside a budget

It's noteasy to allocate funds every month for things that we can't enjoy right now.For that, instill the proverb "sick first, have fun later" in ourminds. Understand that the money we save today will be very useful for ourfamilies in the future. Ideally, set aside 10-20% of monthly income for specialallocation posts to pay life insurance premiums.

 

2. HaveInsurance While Healthy

Eachinsurance company has special provisions for prospective buyers of theirinsurance. One of the most common is the health condition of the prospectivepolicy owner. Even health conditions can also affect the premiums to be paid,usually the younger and healthier a person is, the lower the premiums to bepaid. For that, immediately have insurance while we are young and healthy.

 

3. Adjustto Needs

Beforechoosing insurance, it is better if we study first what products are offeredand compare one insurance product with another. Make sure the life insurancebenefits offered are in accordance with your needs, for example a total disabilitybenefit that allows us as the insured to get the sum insured when we are nolonger able to work. In addition, make sure that the life insurance company youchoose is a credible and trustworthy company.

In general,there are two types of life insurance, namely term life insurance and wholelife insurance. Term Life Insurance provides protection for a certain period oftime with a fixed premium, starting from 5, 12, 15 and 20 years. So, duringthis period of time, the breadwinner will be protected. There are 3 (three)term protection products from Manulife that you can try: Term SavingProtection, Life Protection Compensation, and Manulife Persona Guard.

Meanwhile,for Lifetime Insurance, this type of protection provides protection up to theage of 99 years and is accompanied by a cash value. This cash value is theright of the policyholder and can be withdrawn. There is 1 (one) kind oflifelong protection product from Manulife, namely: Manulife EssentialAssurance.

In closing,having life protection is a guarantee that must be owned by the mainbreadwinners. Come on, it's time to hurry to have a life insurance product toprotect your beloved family. Never assume life protection is a tertiary need.Make life protection a primary need that can provide certainty for familysurvival in the future. In short, prepare an umbrella before it rains, preparethe best protection for the future of your beloved family.