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Life Insurance provides a payout to policyholder beneficiaries upon passing or transition, helping them cover expenses such as debts, living costs, and future financial needs.
Life insurance helps to provide financial security for policyholder’sloved one(s). It can cover essential expenses such mortgage payments, children’s education, and everyday bills. Life insurance is a financial safety net, helping families sustain their quality of life. Explore options and choose a policy that aligns the financial goals.
Choosing the right life insurance depends on:
1. Personal goals
2. Financial Needs
3. Budget
Begin by calculating how much coverage a family might need to cover debts, education, and daily expenses. Decide between term life insurance, which is cost-effective and suitable for short-term needs, and permanent life insurance, which offers lifetime coverage and cash-value benefits.
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