Life Insurance
Life insurance policy is a long-term contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment known as a death benefit to beneficiaries upon the insured’s death. Typically, life insurance is chosen based on the needs and goals of the owner.
Life insurance provides an infusion of cash for dealing with the adverse financial consequences of the insured’s death. This may include funeral, medical bills not covered by health insurance. It offers assurance that your family or dependents will be financially secured no matter what.
You don’t buy life insurance because you’re going to die but because those who you love are going to live. Safeguard your family’s financial future with life insurance.