What is Life Insurance?
Life Insurance is a way of protecting one’s family and loved ones against financial loss in the event of an untimely death or as a way of securing a pay-out at a certain age in one’s life.
Life Insurance Cover is a way of securing the financial security and lifestyle of the named beneficiaries, and of creating a safety-net in the loss of income for one’s family.
Life Insurance and how it benefits you
Securing one’s livelihood is an important way of safeguarding your loss of income. Taking out life Insurance Cover this depends on factors such as the lifestyle you would like to continue your family on and the amount of debt you have.