FREQUENTLY ASKED QUESTIONS

Wealth- Frequently Asked Questions

1. Is building wealth only for high-income individuals?

No. Wealth-building is about consistency, planning, and smart decision-making—not just income level.

2. How do I get started with wealth planning?

The process typically begins with a financial assessment to understand your goals, current situation, and priorities.

3. How much money do I need to start?

Many strategies can be started with modest contributions. The focus is on creating a plan that fits your budget and grows over time.

Life Insurance- Frequently Asked Questions

1. What is life insurance?

Life insurance provides financial protection for your loved ones by paying a benefit if you pass away, helping cover expenses like income replacement, debt, final expenses, or future goals.

2. Do I really need life insurance?

If anyone depends on your income—or would be financially impacted by your passing—life insurance is an important part of protecting your family and legacy.

3. How much life insurance do I need?

Coverage depends on factors such as income, debts, family size, lifestyle, and long-term goals. A personalized review helps determine the right amount.

Mortgage Protection – Frequently asked Questions

1. What is mortgage protection insurance?

Mortgage protection insurance is designed to help pay off or cover your mortgage in the event of death, disability, or critical illness—helping your family stay in their home.

2. Is mortgage protection the same as life insurance?

Mortgage protection typically uses a form of life insurance, but it is structured specifically to help cover mortgage obligations. The beneficiary is usually a loved one, not the lender.

3. Do I need mortgage protection if I already have life insurance?

It depends on whether your current life insurance coverage adequately protects your mortgage and overall financial needs. A review can help determine if additional coverage is necessary.

4. How much mortgage protection coverage do I need?

Coverage is generally based on your remaining mortgage balance, term length, and overall financial situation.

5. Who receives the benefit?

In most cases, the benefit is paid directly to your chosen beneficiary, who can use the funds to pay off the mortgage or for other expenses.

6. Is mortgage protection expensive?

Mortgage protection is often more affordable than expected, especially when structured properly and secured early