Life cover is pretty straight forward but in our opinion, when we’re asked – “who should have it”, our reply is everyone. Life Cover insurance is your security blanket that takes care of your loved ones after you’re gone.
Life Insurance is a contract between the policy holder and the insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness may also trigger payment.
It’s vital to remember not all life insurances are equal and there are many options to consider beyond “the benefit amount” and “the premium”. Our team of advisers are here to help you make sense of these options, and put forward a tailored solution just for you.