What is Life Insurance?
Life insurance is design to provide you with the reassurance your dependants should you pass away during the term of the contract.
Why should I take out life insurance?
Life insurance is a vital part of financial planning for anyone who has dependents.
You may want to take out life insurance policy if you have any of the following:
- Dependants, e.g. school-age children
- A partner who relies on your income, or
- A family living in a house with a mortgage that you pay – a life insurance policy can provide for them if you die.