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Life Insurance

Life Insurance

Do you have a plan in place to maintain your family’s lifestyle and cover everyday expenses if you passed away or became seriously ill?

What is Life insurance?

Life insurance pays out a lump sum either upon a person’s passing or when they’re diagnosed with a terminal illness expected to lead to death within the next 12 months.


Although few of us like contemplating our own mortality, having the right life insurance in place lifts the burden of worrying about your loved ones’ financial well-being. Tailored to fit both your needs and budget, it creates a dependable safety net, ensuring your family can still achieve their long-term goals—whether that means paying off a mortgage, covering your children’s education, or maintaining a business.


FAQs

Why should I get life insurance?

It provides a safety net for loved ones, covering expenses like mortgage repayments, everyday bills, or outstanding debts.

How much coverage do I need?

The amount depends on factors like your debts, living expenses, future goals (e.g., children’s education), and financial commitments.

Does life insurance have to be expensive?

Premiums vary based on factors like age, health, and desired coverage; it’s often possible to find an affordable plan that meets your needs.

Can I adjust my life insurance coverage later?

Yes, most policies allow you to adjust coverage as your circumstances change, such as marriage, buying a home, or starting a family.

What factors affect my life insurance premium?

Premiums are influenced by factors like your age, health, occupation, smoking status, and the level of coverage you choose.