is the process we use to:
- Identify the risks that could threaten your financial security
- Quantify the risks
- Determine if there is some way to mitigate the risks through planning
- Transfer the remaining risks that you are unable or unwilling to assume yourself to an insurance company
Risks Management Tools:
When you insure your life and health what you’re really doing is insuring the income that supports your lifestyle, as well as your ability to earn an income.
Ask yourself this: “If I die suddenly, will my family have enough money to maintain their lifestyle? How will I pay the bills if I have a heart attack or have to stop working because I’m being treated for cancer? What if I get in an accident and can’t take care of myself?”
Anything can happen, so you’ll want to make sure you have the right insurance. There are so many choices it can be confusing. That’s why there’s Insure Right – a five-step process to help you determine the coverage that’s right for you.
Synergy Combination Insurance:
3-in-1 policy: Disability, Critical Illness, Life
(Note: Synergy is sold by, and is a registered trademark of The Manufacturers Life Insurance Company.)
Use this Disability Needs Calculator to help you identify the amount of income you would need if a disability prevents you from working.