If you were to pass away, how would your family cope financially? Life cover can be put in place to help secure the financial future of your family.
The funds from your life policy can be used however your family chooses, you are in control of the decisions you make.
Benefits of Life cover
- Pay off debt / Mortgage
- Replace lost income
- Time off for your surviving family members to grieve
- Ensure family can continue their lifestyle
- Providing a nest egg for your surviving partner’s retirement
- Ensure funds for children’s future education
- Healthcare for your family
- You may be able to choose a payment option. Some companies offer lump sum, as an income, or a combination as payment.
- At the very least your family can cover the funeral expenses
