There are risks in business and everyday life which can result in financial loss. To manage these risks, a common solution is to use insurance, where you transfer the cost of a potential loss to an insurance company. In return, the insurance provider charges you a fee called a premium, which you pay annually or monthly.
The purpose of having insurance is to protect yourself and your loved ones financially in case of unexpected events. Should something unfortunate happen to you, it’s important your loved ones are able to receive your policy’s payout fast and with no hassle. To ensure this, you must make a nomination for your policy, and there are a few important things you should be aware of about the nomination process so that you select the right individual(s) to receive your policy’s death benefit.
Your diet plays a major role in your heart health. Certain foods you eat can influence your blood pressure, triglycerides and cholesterol levels, as well as inflammation, all of which are risk factors for heart disease. According to the World Health Organisation in 2021, cardiovascular diseases are the leading cause of death globally.