Life Insurance
Life Insurance
Your life insurance demands are important to us. Whether you’re a company or a concerned individual, our custom life insurance plans let you experience the benefits of insurance. Scroll through our short-term and life-long plans for complete peace of mind for the rest of your life. We care for your comfort and that’s why our plans are only designed for you. See more of our life insurance plans and pick the one that’s best for you!
Life insurance
Mainly young parents and business owners, but anyone with a family to support and income earner needs life insurance.
Term life insurance lasts within a specific duration meanwhile whole life insurance lasts forever.
It varies on the insurance company, but usually six to ten times of your annual salary is considered to be a reasonable amount for life insurance.
Term life insurance is popular for its affordability and cost-effectiveness. It provides death benefit if you die within the specific period of time, you can also renew it or switch it to whole life insurance.
Average term life insurance policy lengths are 20 to 30 years. You should consider the years of your financial obligation while choosing a term life insurance plan. Make sure it doesn’t exceed the years otherwise you would be paying unnecessarily.
You can name anyone who is trustworthy enough as your life insurance beneficiary, normally people would put their immediate family as their beneficiary.
Life insurance benefits are usually tax-free but situations may vary.
