Ensuring that our loved ones are protected and provided for In the event of an untimely death, traumatic accident, or permanent disability is a priority for all of us. Life insurance gives you peace of mind knowing that things are taken care of for your family, including covering the mortgage, a child’s education, and other bills to help remove stress during the grieving process. There are different levels of cover available; these policies can cover existing medical conditions and your current income level. You choose the maximum level of cover and the premium will be tailored for that level of cover.
- Terminal illness
- Funeral costs
- Lump sum to cover mortgage, bills and debt
When Jonathan passed away at the young age of 44, his widower Lacy was worried about the financial burden his loss could have on the family. Luckily, Jonathan had life Insurance, which took care of the smaller things – an instant pay out to cover funeral costs and a lump sum to help invest in children’s education, take care of the bills, debt and mortgage. This was a relief to Lacy who could instead focus on her family.
With her last few months of life, Sarah wanted to focus on doing the things she loved with the people she loved, she refused to be held back by her terminal illness or by medical bills and financials. Luckily with her life insurance plan Sarah was able to get an early pay out to cover medical bills and sort out her family after her passing – so she could focus on living her life to the fullest.