Life insurance

 

Life Insurance

Life insurance can help your loved ones deal with the financial impact of your death. The death benefit paid from a life insurance policy is a tax-free, lump-sum amount that can be used to

  • replace your income so your family can maintain their standard of living
  • provide for your children or dependents
  • pay for funeral expenses
  • pay off your debts
  • make a gift to charity

You may also choose to leave the money to your estate or to a trust.

The question “How much and what kind of insurance to buy”, is quite daunting and tricky.

Below are the available life insurance options :