Financial Protection For Your Loved Ones After You’re Gone
Life insurance covers you financially with a lump sum payment in the event that you die or are diagnosed with a terminal illness. If you take out life insurance, you can be confident that you have done the right thing for you and your family.
WHAT DOES LIFE INSURANCE COVER?
Life Cover is a financial protection that will pay a lump sum to a beneficiary upon death or terminal illness. You decide how much you wish to insure, but we can help you plan ahead to make sure all your needs are covered. By using an Insurance Broker the claim process can be simplified and the funds paid out can be used for any purpose.
WHY IS IT IMPORTANT FOR YOU?
Anyone that needs protection in the event that they become terminally ill or die. Often benefits are used to cover the mortgage or to support children until they are able to earn their own income.
What’s the Advantage of Taking Out Life Insurance?
If a loved one is left without any money after your death, taking out life insurance can help protect their assets.
If your income is the only source of income for your family, then taking out life insurance can help to protect that.
If it is your first time buying a house and your parents guarantee the mortgage payment, you protect them financially if your death occurs.
You can use the money to pay for a funeral, which can cost up to $10,000 on average.