Life insurance remits a sum of money when an insured person dies. This money goes to the people named in the contract as beneficiaries. The sum of money given as a result of a death normally allows the family members to maintain a lifestyle and can offer cash to pay for:
These are just a few examples. Of course, maybe some people already have the cash to pay the fees listed above. Life insurance can also be used as a legacy to relatives or to make donations to an organization that is dear to the insured.
We can help you determine your life insurance needs and guide you towards the right choice for you among the various products offered. It is important to compare all options before buying a life insurance product. There could be significant differences not only premium but also in connection with the contract maturity, coverage options, etc.
Of course, with life insurance, you can have multiple insurers if you wish. We can help you determine this following a financial needs analysis. In case of death, your beneficiaries will receive the sum insured.
Normally, an insurer will ask questions to assess the type of risk and determine all the options available to you.
We can help guide you through a wide range of products available on the market and help you choose the best product to suit your situation following a needs analyses.