Life Insurance

Life insurance generally provides an agreed amount upon the insured person’s death or terminal illness. This can help provide financial independence for a family in case of the loss of a homemaker or breadwinner. In a business situation, it helps protect against the loss of a key employee or business partner. Life insurance can be used to help pay one-off and ongoing expenses such as:

• Mortgage
• Personal debts
• Funeral expenses
• Ongoing income
• Children’s education
• Major purchases
• Children’s medical expenses