Life insurance has been around for hundreds of years. Its basic purpose is to ensure people and their loved ones are looked after if something happens to them.
While the products throughout the insurance industry have changed in recent times, the concept remains the same. Life insurance is designed to provide a certain amount of security in time of need.
Life insurance today comes in many forms, with various options.
These range from simple mortgage protection coverage, through to sophisticated business insurance. There are products that are more suited to a short term approach and similarly those that are there to meet your needs in the future.
Life cover provides a lump-sum payment in the event of death. It is essential for those with a family, business, or other financial commitments which could be placed in jeopardy.