LIFE insurance companiesBUSINESS insuranceSURVIVORS' benefitsA number of companies offer their workers life insurance coverage as part of an employee benefit package. Life insurance protects family members against the premature death of a primary wage earner, paying a specified amount to that em...
"Wedding insurance" is actually a trio of products that you might consider saying "I do" too. It primarily protects against financial losses if you need to cancel the event due to a natural disaster or personal tragedy, like a death in the family. Another part of this policy is liability ...
Insurance exists as a legal agreement between an insurer and an insured where the insured receives financial assistance in the occurrence of an unobserved event. The insurance products are divided into categories of life and non-life, where life insurance protects against human injury, and non-life...
8.2.2.1 Life insurance Life insurance protects individuals and beneficiaries against the risk of loss of income in the event of death or retirement. The two distinct businesses of the life insurance industry consist of selling life insurance policies to consumers and investing funds derived from the...
The fees you’ll pay often depend on the type of insurance you get, as well as the company you choose. You may see fees such as: Administration fees:Cover the cost of maintaining a policy Mortality and expense risk charge:Protects life insurance companies against policyholder deaths that occur...
Group life insurance plays an important role in providing financial security to employees and their families.
Term life insurance can help you pay for medical expenses and other financial obligations if you become seriously ill or pass away. Learn more today.
Knowing how to protect yourself through different types of insurance can essentially save your life. Click here for more information.
This is often available as an optional extra to family life insurance for an additional premium and is also known as children’s critical illness cover. It protects against the financial consequences of your child getting a serious illness or injury or passing away. The money can be used to ...
You could use life insurance to ensure that debt is covered and it doesn't fall on your loved ones. In these cases, buying life insurance protects your family against the financial hit from your death and can give you valuable peace of mind. ...