Life insurance & Health Tips

   Life insurance used as wealth management tool

Life insurance & Health Tips

Demand for life insurance as a low-risk wealth management tool has risen, a recent survey has found.

Even Asia's wealthy or high net worth (HNW) families are feeling relative strain in these times of economic volatility and shifting their focus from asset growth to wealth preservation, the survey concluded. This creates a greater emphasis on legacy planning in order to transition wealth to the next generation.

The survey by Transamerica Life Bermuda was conducted in partnership with Asian Private Banker.