life Insurance
Life insurance is a contract between the policyholder and an insurance company which is to provide a tax-free sum of money, known as a death benefit, to the beneficiary if the person insured were to pass away. In return to have this insurance protection, the owner of the policy pays premiums to the insurance company.
Who Needs Life Insurance?
It may seem like it is, but this isn’t a necessary purchase for everybody.
So how do you tell if you need it? It’s pretty simple – you’ll want to get a life insurance policy if you have somebody who relies on you financially, for example having a policy in place is essential if you have a partner, children or ageing parents who depend on you for financial support.
So how do you tell if you need it? It’s pretty simple – you’ll want to get a life insurance policy if you have somebody who relies on you financially, for example having a policy in place is essential if you have a partner, children or ageing parents who depend on you for financial support.
Participating insurance
Participating Life Insurance is a whole life insurance plan that provides permanent lifetime insurance protection with guaranteed cash surrender value and eligible to receive annual dividends, which can be used to accumulate a cash reserve to use as a savings plan and increase the death benefit.
Term Insurance
Term life insurance is simple and affordable, providing a fixed amount of insurance for a specific period of time. It provides temporary protection you can customize to meet your changing needs.
Universal Insurance
Universal insurance is a flexible permanent insurance and investment plan that combines life insurance protection and a tax-deferred investment vehicle.
Corporate Insurance
Corporate owned life insurance not only has the benefit of financial protection, but also has extra tax advantages that can minimize the tax burden.
Insurance Providers
