The Four Pillars of Good Financial Health

Income Protection
No one can predict the future. Being prepared is the best defense you can have to guard against uncertainties in life, especially in the area of Income Protection.
A sound financial plan is your best assurance for the sustainability of yours and your family's livelihood. With higher standards of living, you need more funds than ever before to maintain your desired lifestyle. What's more, if you have just started a family, you would need to ensure that you have sufficient savings to fulfil your new commitments. Think about the housing loan, household bills and daily expenses. You would like to be assured that you and your family can continue to meet these financial commitments should anything unexpected happen to you.

Medical Coverage
Your health is your wealth. It is important to have the means to take care of any health or medical problems that might unexpectedly arise in your life.
Preserving your health through sound medical insurance coverage is something you do, not just for yourself, but also for your loved ones who count on you. With escalating medical costs, you need to ensure that you are adequately covered with medical insurance plans, such as critical illness, hospitalization and personal accident plans, so that you can receive treatments and recuperate in peace without worrying about the medical bills.

Children's Education
Your children are the joys in your life. Help them achieve their dreams by planning for their future.
It is never too early to plan for your children's education. In fact, it is best to start planning as early as possible. This gives you a headstart to build as much funds as possible. With rising education costs, it takes savvy financial decisions to ensure that you can give your child a good education and financial future. You may even want to be financial prepared should the unforeseen happen to you, such as a critical illness, an accident or a disability. With adequate funds, you can ensure that your loved ones can afford to maintain their standard of living and that your child's education is assured.

Retirement Planning
To get the best of your golden years, it is important to have the financial resources that will allow you to live the kind of life you deserve.
After a lifetime of hard work, you deserve a comfortable retirement. Besides maintaining your standard of living during your retirement years, you should also ensure that you have sufficient funds for your medical and long-term needs, which are especially important as you age. To build a retirement nest egg in order to sustain your lifestyle means planning ahead with sound financial planning. It never fails to plan early. In fact, you should start planning for your retirement today.

(source: www.aia.com.sg)