WHAT IS IT? |
A Promise
Life insurance is protection against financial loss resulting from death.
It is an insurance company’s promise to pay your beneficiary a specific amount
of money when you die in exchange for timely payment of premiums.
|
Types of Life Insurance
Mortgage Protection
Life Assurance
Serious Illness
Income Protection
|
Am I Eligible?
Whether or not you are eligible for Life Insurance will depend on factors
such as your health and type of employment. If you do qualify, the amount
of your premiums – that is, payments for the policy – are based on factors
such as your age, gender, whether you smoke or not, health and occupation.
|
 |
|
WHO NEEDS IT? |
You May Need Life Insurance
If You have a spouse
If You have children who depend on you
If You have an aging parent or disabled relative who depends on you
If You have another loved one you wish to provide for
If You have business or estate planning needs that life insurance can satisfy
If Your retirement plan and other savings aren’t enough to protect your family’s standard of living in the future
|
|