Life insurance provides piece of mind that if the unexpected happens, there are plans in place to protect the lifestyle of your loved ones and help them cope financially.
There are a number of reasons why you may decide that life insurance is right for you. It provides a lump sum payment on your death that can help your loved ones:
- Manage debt that they otherwise would have been burdened with
- Cover their living costs until they are able to provide for themselves
- Protect their lifestyle, for example your life insurance may provide an education fund