:-Introduction: Understanding life insurance and its importance at every life stage.
Stage 1 – Early Adulthood (18-30 years): Term life insurance – Affordable, straightforward, and suitable for building financial stability.
Stage 2 – Mid-Career (30-50 years): Whole life insurance – Provides lifelong coverage with an investment component.
Stage 3 – Late Career (50+ years): Universal life insurance – Flexible and ideal for estate planning.
:- Factors to Consider: Health, dependents, financial goals, and risk tolerance.
:- Conclusion: How to adapt life insurance as your needs change over time.