Life insurance cover for the protection against the loss...
04 Feb, 2016 11:31 AM
Life insurance cover is the protection against the loss of the insured’s income if and when he/she passes away. The named recipient receives the benefits and thereby safeguarded from the financial blow of the insured’s demise.
The purpose of the Life Insurance policy is to cater for your family’s financial security after you pass away. This is not to be taken lightly, so, before procuring a policy, you should consider and re-consider the type of life you want your family to maintain after your death and also your current financial situation.
