What is life insurance?
Life insurance is a way for you to make sure that your family is taken care of financially should anything happen to you. It is an insurance contract that
will pay a determined lump sum of money to your partner and/or dependents should you pass away during the stated term. In exchange for this lump sum,
you will pay a monthly premium, the cost of which is determined by a number of factors such as health, age and lifestyle.
It helps to provide peace of mind that any financial commitments in place, such as mortgage, rent, bills, debts, childcare costs and funeral costs, will
be taken care of after you’re gone.