life

1. .
Make sure you leave behind happy memories, not unwanted
expenses….
you leave expenses….

2. What is Life Insurance?
• It's a straightforward and affordable way of helping make sure that
your family and loved ones are financially secure in the event of
your death.
A Life Insurance plan pays out a cash lump sum if the person(s)
insured dies during the term of the plan. The lump sum can be used
to provide financial support to your family and loved ones, who
might otherwise struggle to pay the mortgage, bills and other living
expenses without your income.
Having the right level of Life Insurance in place gives you peace of
mind and your family a financial safety net if they ever need it.
There are different types of life insurance, so it's important to pick
the right type for you.

3. The foundation of life insurance is the
recognition of the value of a human life and the
possibility of indemnification for the loss of that
value.

4. Who needs life insurance?
• If someone depends on you financially, you
probably need life insurance. If you're a
breadwinner, life insurance can provide critical
financial support to your loved ones if you die
prematurely. Permanent life insurance can
also help you establish a fund you can access
for planned life events like college or
retirement, or for emergencies and
opportunities. Later in life, it can help you
transfer your wealth to the next generation.

5. WHY LIFE INSURANCE ?
• SECURITY OF LIFE
INVESTMENT, SECURITY FOR OUR FUTURE
GROWTH OF OUR MONEY
LIQUIDITY
TAX BENEFIT
TRANSFER OF WEALTH

6. Why Life Insurance necessary ?
• There is no guaranty about out life, because our life is uncertain. We can’t say any
thing about our future. Our future is covered with Uncertainty. What will happen
in coming few seconds no body knows? We also can’t say about our self,
Whether we are seating in front of a computer, we can get an electric shock,
Or our building can collapse,
Or any car or truck can destroy our building,
Or any terror attack,
Or earth quake,
Or any natural disaster,
Or public destruction,
Or etc... etc... many reasons.

7. Need for Life Insurance
• Today, there is no shortage of investment options
for a person to choose from. Modern day
investments include gold, property, fixed income
instruments, mutual funds and of course, life
insurance. Given the plethora of choices, it
becomes imperative to make the right choice
when investing your hard-earned money. Life
insurance is a unique investment that helps you
to meet your dual needs - saving for life's
important goals, and protecting your assets.

8. Why do we need Insurance?
• There may be scenario's where the loss that we
would incur due to some event would be
extensive and we would not be in a position to
incur the losses. Say for e.g., the only earning
member in the family meets with an accident and
is incapacitated from going to work for 6 months,
what would the family do for their survival?
These are the cases where Insurance comes in
handy. The insured person can claim an amount
corresponding to his disability, losses and use the
money to sustain his family until he is fit to
resume his job.

9. Why is Insurance so Important?
• Insurance is important because if you could
not work because of an accident or injury or
damaged something you couldn’t replace, had
an accident in your car or had something
stolen, insurance is there to help you pay for
it, replace it or help to keep you monthly
payments paid. Insurance is that extra security
if anything were to go wrong so you get the
help you need, when you need it.

10. Insurance. It takes the emotion out
of life and death
• Death, employment, disaster, inheritance,
illness, retirement, education.
Emotional topics: the stuff of dreams and
nightmares. And the stuff of
insurance. Insurance promotes our dreams
and protects us against our
nightmares
• Contd.

11. .• People don't die at the right time. What makes
you think it will be different for you?
• Would you agree that the only person who can
take care of the older person you will someday
be - is the younger person you are now?
• You can borrow money to pay a premium - but
you can't borrow health to pass an Insurance
medical test.
• Life Insurance is the same as a parachute in an
airplane. If you ever want it and haven't got it,
you'll never need it again, to have it when you
want it, you have to buy it when you don't.
• Life Insurance offers a man the only way where
he can make his will before he makes his money.

12. .
• Nothing can replace your health or your life.
What insurance cover can do is ease the
financial burden and take care of you and your
loved ones.
You insure your car and your home. But
nothing is more important than your life and
your ability to make a living. Why not insure
your greatest asset – you?

13. Do you feel lucky today? The concept
of risk
• We all face risk--the possibility of injury, illness,
death, or property destruction--each day.
Although you can never eliminate risk, you can
guard against financial loss by shifting part of
your financial risk to a larger entity (your
insurance company) that's in the business of
dealing with that risk. In return for your payment
of premiums, your insurance company agrees to
pay you (and/or others) a certain amount of
money for a specified loss. This loss may or may
not occur, so both sides gamble.

14. Why Buy Insurance?
• When you drop a quarter into a slot machine, you
know that your chances of winning are pretty slim. But
risking a quarter (or perhaps much more than a
quarter) may be worth it to you if the potential payoff
is great enough. Insurance is a lot like that. You pay
premiums not because you expect to die today, get
into a car accident next week, or lose your home in a
fire next month, but because the peace of mind it
offers and the financial protection it could provide are
worth it. You don't have to bear the risk of financial
loss alone. Insurance is all about risk and financial
protection.

15. Life without Life Insurance
• What if you were no longer here to provide for
your family and loved ones? What if you couldn't
watch your children grow, graduate from college,
and begin their own families? What if your
spouse couldn't afford the home, car, college
tuition, or unanticipated medical expenses, all
because you hadn't planned for the unexpected?
Life is full of "what ifs," and we don't always have
the answers to every question. That's why it's
important to put a plan in place that will protect
your family if you're not here. Life insurance can
be an essential part of that plan.

16. Life Insurance: The most
misunderstood financial tool
• Life insurance is one of the most overlooked and
misunderstood portions of a financial plan. Some
folks swear by it. Some swear at it. Some folks get
religious over it. In other words, reason goes out
the window and they either bless it or curse it
without examining the facts.
In our view, life insurance is simply a tool.
Whether it’s good or bad depends on how it’s
used in a specific situation

17. Using life insurance to reach financial
goals
• Individuals are increasingly looking at their
long-term financial situation as one part
building savings and assets, and one part
protecting those savings and assets. The
interesting point about life insurance, in
particular, is that it stands alone in its
flexibility to both address critical risks and
help meet long-term financial goals

18. Life stage profiler

19. Life stage profiler
• All through your life, several significant events the birth of your
child, moving to a larger home, his or her education and wedding,
buying a new car, retiring from work will occur at various stages and
demand your financial commitment. If you plan in advance for
these events, you will quite naturally be prepared when they occur.
Life insurance is an effective tool that assists you to plan for your
future such that you are financially equipped to meet all your goals.
• Life insurance is the only investment option that offers specific
products tailormade for different life stages. It thus ensures that the
benefits offered to the customer reflect the needs of the customer
at that particular life stage, and hence ensures that the financial
goals of that life stage are met.

20. Goal based savings
• Each of us has some goals in life for which we
need to save. For a young, newly married couple,
it could be buying a house. Once, they decide to
start a family, the goal changes to planning for
the education or marriage of their children. As
one grows older, planning for one's retirement
will begin to take precedence.
Clearly, as your life stage and therefore your
financial goals change, the instrument in which
you invest should offer corresponding benefits
pertinent to the new life stage.

21. Asset Protection
• From an investor's point of view, an investment can play two roles -
asset appreciation or asset protection. While most financial
instruments have the underlying benefit of asset appreciation, life
insurance is unique in that it gives the customer the reassurance of
asset protection, along with a strong element of asset appreciation.
The core benefit of life insurance is that the financial interests of
one’s family remain protected from circumstances such as loss of
income due to critical illness or death of the policyholder.
Simultaneously, insurance products also have a strong inbuilt
wealth creation proposition. The customer therefore benefits on
two counts and life insurance occupies a unique space in the
landscape of investment options available to a customer.

22. Health insurance and protection
• We know it's important to find a provider you can trust
when you're getting health insurance quotes. Aviva's
health insurance policies offer you prompt access to
high quality diagnosis and private medical treatment.
Using our expertise, we've created health insurance
policies that offer you choices about the levels of cover
you'd like, and help you learn more about your health
and well being.
• Critical Illness
• Adult surgery costs
• Hospitalization

23. Pensions
Investing for retirement
• It's so important to save for your retirement.
Putting as much as you can invest into a pension
plan as soon as you can gives you a much better
chance of having the retirement you want.
It's never too soon to start investing.
• Professional income stops when practice stops
• Brain x Time = Earning power
• 2 days income to protect your income in future
• 3% as premium to protect your income

24. Life Insurance
• Helping you choose the right cover
Life insurance doesn't have to be complicated,
and there are lots of ways we can help you
make the right choice.

25. How do I know how much life
insurance I need?
• You can start by identifying what you want your
life insurance to do. For example, if you're a
breadwinner, you probably want your life
insurance to replace your income for a certain
number of years in case something happens to
you. Most experts say you should consider life
insurance coverage worth five years of your
current income.
Life insurance can also help ensure funds are
there for college tuition, final expenses and to
cover outstanding debt.

26. Needs Analysis

27. Needs survey
• Planning ahead to ensure that you have the money to give your
children a great EDUCATION
• Planning ahead to ensure that you have enough money for a
comfortable RETIREMENT
• Receiving money in the event of a long stay in HOSPITAL
• Looking after your family in the event of your DEATH
• Planning ahead to ensure that you have the money to give your
children a great WEDDiNG
• Planning ahead to ensure that you have the money to buy a HOME
• Reciving money on the diagnosis of a CRITICAL ILLNESS
• Looking after yourself and family in the event of your DISABILTY

28. I am too late ……….
• http://www.youtube.com/watch?v=TG4Bc1H
m3qQ&feature=youtube
• Dont wait for the perfect moment to come..
take the moment and make it perfect, then
you are a winner...

29. Aviva
• Aviva provides around 43 million customers with insurance, savings and
investment products. We are the UK's largest insurer* and one of Europe's
leading providers of life and general insurance.
• We combine strong life insurance, general insurance and asset
management businesses under one powerful brand. We are committed to
serving our customers well in order to build a stronger, sustainable
business, which makes a positive contribution to society, and for which
our people are proud to work.
• At a glance - our key statistics:
• One global brand
• 43 million customers
• £33 billion paid in claims and benefits to customers in 2011
• 36,600 employees
• A top six life insurer in all our European markets
• Over 300 years of heritage

30. NDB
• OUR VISION: A World-class SriLankan bank
• OUR MISSION To be dominant in the financial services sector,
creating superior long-term shareholder value and contributing to
economic development in Sri Lanka by exploiting regional
opportunities and delivering innovative solutions with 'best in
industry' service excellence through an inspired team
• OUR VALUES Integrity We believe in truth, justice and fairplay,
above all else. Care We will never lose the human touch. We will
care for our colleagues, our customers, our community and our
environment. Passion We will embrace challenges with passion
and aggressively pursue our goals Teamwork We will work
together as a team, supporting each other, respecting every
individual and drawing strength from our diversity. Service We will
always strive for excellence in serving our internal and external
customers, through professionalism, innovation and creativity