Life Insurance PhotoLife insurance policy is a contract between the named insured and the insurance company wherein the insurance company agrees to pay an agreed upon sum of money on maturity of policy or in event of untimely death of the insured to the named beneficiary, so long as the insured’s premiums are paid current. People take out life insurance policies for a number of reasons.

Life insurance correctly planned will on premature death provide funds to deal with monies due, mortgages, and living expenses. It offers protection to the family you leave behind and serves as a cash resource.

Benefits of Life Insurance Policies

Life insurance can have a savings or pension component that provides for you during retirement.

Some policies have riders like coverage of critical illness

Having a valid insurance policy is considered as financial assets which improves your credit rating when you need a home loan or business loan.

In case of bankruptcy, the cash value as well as death benefits of an insurance policy is exempt from creditors.

Insurance protects your business from financial loss or any liabilities in case a business partner dies.

It can contribute towards maintaining a family’s life style when one contributing partner suddenly dies.


Information provided under each product is general information actual coverage and terms will be as perĀ  policy when issued.