Life cover Insurance Details

Life cover is also known as life insurance or death cover. It is a

way to protect your family's financial future. $ 1.5 million
covers depending on your age $ 15,000 funeral advancement
included within the cover 2 people insured on the same policy
Diagnoses terminal illness where death is likely within 12
months 10. Profit increases every year to stay ahead of inflation.
The Critical Illness Cover is also known as the Trauma Cover
and pays a lump sum 5 benefits if Life Insurance suffers one of
the defined Critical Illness events 5 *. $ 500,000 cover
depending on your age Cover for 14 critical illnesses as defined
5 Profit increases every year to stay ahead of inflation.
Life Insurance In Us
Unable to cover work permanently and also known as Total
Disability (TPD) cover *. $ 1.5 million covers depending on
your age Lump-sum payment if you are unlikely to work again
due to illness or injury 6 Profit increases every year to stay
ahead of inflation
What is Life insurance?
Life Insurance is a contract, represented by a policy, in which an
individual or institution receives financial protection or
reimbursement against losses from the insurance company. The
company controls customer risks to make payments more
affordable for insureds.&Life Insurance policies are used against
the risk of financial loss, both large and small, which may result
in damage to the insured or his property, or from liability for
damage or injury to a third party.
How insurance work
There is a multitude of different types of insurance policies
available, and virtually any person or business can set out to find
an insurance company - for a price. The most common types of
personal insurance policies are auto, health, homeowners, and
life. Most individuals in the United States have at least one type
of insurance, and car insurance is required by law.
Insurance is a contract in which one insurer condemns another
against losses from specific contingencies and/or hazards. There
are many types of insurance policies. The most common forms
of life, health, homeownership, and auto insurance are. The
main components that make up most insurance policies are
deductible, policy limit, and premium.