What is covered by Life Insurance?
It is generally a sum provided to your family, who can then use it for:
Funerals can be expensive. Life insurance will help those you leave behind cover these costs.
If your family is still making mortgage payments, your life insurance will help cover them.
Pay off debts
There’s enough to deal with after a loss, help take care of any debts with life insurance.
Provide for children
Make sure your children will be provided for in the event you pass away prematurely.
Replace lost income
Help maintain your family’s standard of living.