Like buying a house, or choosing the right school for your children to attend – choosing the right life insurance is one of the most important financial decisions a person can make, but one that is often misunderstood by many consumers.
Accidents can happen to anyone, even if you’re young and healthy. If you become permanently disabled because of an accident, you may be unable to earn an income. Knowing that you will be able to take care of your expenses will minimise the financial pressure on you and your family.
Definitions:
- Pure life cover: this is life insurance that pays out a lump sum in the event of the death of the life assured, whether the death is caused by natural or unnatural (accidental) means.
- Accidental death cover: as the name says, this only pays out if the life assured passes away due to an unnatural or accidental cause defined as “a sudden and unforeseen event occurring at an identifiable place and time, which has a visible, violent or external cause”.
- Accidental disability cover will help you and your family to take care of your medical and living expenses if you become permanently disabled because of an accident
Take the time today to ensure peace of mind for your family, knowing that you are financially secure should the unforeseeable happen and contact Exshell Financial Services Trust who will assist in finding the perfect Death and Disability cover suited for you.
