Life Insurance Policy
Choosing a life insurance policy can be a very confusing endeavor. Various types of life cover are available, but most are variations of the following types of life insurance policies:
Funeral Plans - a lump sum is provided to cover the cost of a funeral.
Health Continuation Policies - pays for medical aid when one is unable to.
Term Life Insurance (also known as term assurance)
Accidental Death Policies – a lump sum is paid in the event of an accidental death.
Whole Life Insurance
Cancer Plans - pays out on diagnosis of cancer.
A life insurance policy is a legal contract and care should therefore be taken to understand the limitations described therein. Time should be taken to understand limits and exclusions particularly to things like suicide and fraud.
There are a wide variety of life policies available to suit your evolving needs. For quotes on the best life insurance policy for you, complete our online form now!