Insurance Guides

Nothing in life is certain, but this shouldn't prevent anyone from enjoying it. The key here is to minimise your risk and ensure that your family is well provided for should you die. This is where life insurance comes in. It gives your loved ones the protection that they need in case of an emergency.

We all work to provide for our basic needs and that of the people who depend on us. But what if one day you're robbed of your ability to work due to an illness or injury? Where would you now get the money to buy even the most basic necessities of your household? How will you pay your bills and your other financial obligations?

What is Funeral Insurance?

Funeral Insurance (or Funeral Cover) is an insurance policy which is used to cover all the costs associated with ensuring that you have the funeral and associated items paid for, without burdening your family members.

When you applying for life insurance usually you required to take a simple medical exam. If you don't wish to go through the inconvenience of medical tests or you want to get life insurance fast you can opt for a life insurance with no medical exam.

With Type 2 Diabetes on the rise, we're receiving an increasing number of diabetic clients requesting life insurance. As with all insurance premiums, the health of a client ultimately dictates the eligibility and final cost of a premium.

Mortgage Protection Insurance is a simplified life insurance product which is designed to pay off a fixed amount of money owing on a mortgage in the unfortunate event of a serious illness or death of the borrower.

Most people feel that an insurance advisor will persuade them into buying something that they don’t really understand or want, and maybe paying more for their life insurance than they need to.

The policy owner - The person whose name the policy is in and to whom the benefits will be paid. In the event of your passing the people designated in your policy will receive the payout or otherwise it will go to your estate.

Life insurance works by determining the health, lifestyle and the risk of the insured in order to determine the premium to pay for the insurance policy. Life insurance premiums usually can be paid monthly or annually.

When it comes to "mortgage insurance" there are usually 2 interpretations: