Life assurance guarantees a payment of a sum of money (known as the “sum assured’) in the event of your death (the “insured”). assurances:
Term assurance covers the life of the insured and pays the sum assured in the event of death of the insured. This type of assurance has no cash value and once the term of the plan is over, the plan will expire.
Life insurance is important, as it protects your family and lets you leave them a non-taxable amount at the time of death. It is also used to cover your mortgage and your personal loans, such as your car loan.
Where do we come in?
Policy holders usually consider switching their insurance cover when their policies are up for renewal.
However, if you appoint us as your Insurance Broker, we can then proceed to administrating your current insurance policies and aid you with any claim you might be currently in process with.
Then, once your policy is due for renewal, we can analyse the market for quotes and advise you which cover at which price is most suitable for you!
All this at ZERO extra cost to you.