Life Insurance

AI Financial Services

What is life insurance?

Life Insurance is a policy that provides a lump sum cover for those with family or dependants and financial commitments that could be put at risk in the event of their death or terminal illness.

The importance of having a term life insurance

Life doesn’t always go to plan. Every day you face a wide range of risks to your personal wellbeing and lifestyle. You may think it will never happen to you, yet some of us will die unexpectedly, leaving family and loved ones behind.

 

Having or not having a life insurance cover is a common question raised by family managers at some point. Having life insurance may not be a priority, but it can be a great ally in case of some unplanned eventuality, it can make a difference in the future of your family in case of an unexpected event.

Life Insurance

Should I consider a life insurance policy?

The purpose of Life Cover is to minimise the financial impact that family members face when the insured dies. You may want to consider to get life insurance if you:

Have debts which you would like paid on your death

Want to protect your mortgage and free your relatives from liability

Have relatives depending on you economically

Want to create a capital lump sum that your family can draw upon to meet their needs

Need to guarantee your kid’s tuition

Are worried about suffering a serious illness and you want your relatives not to have to cover the expenses

We know your family is the most important. Consider Life Policy as of your financial planning. If you have any more questions or want to learn more about the types of life insurance, contact us. We are expert advisor that can help you find the the best life insurance option.