Life Insurance 101

What is Life Insurance?
When your family depends on your salary, it's stressful to think about how they would cope if you weren't around anymore. Life insurance is a way to...
Mon, 14 Oct, 2024 at 11:08 AM
Do I Need Life Insurance?
If the people you love rely on your income, you probably need Life insurance. They can use the cash to settle any debts and pay for things your monthly inco...
Mon, 14 Oct, 2024 at 9:58 AM
How Are my Premiums Used?
Your premiums are pooled with other policyholders' contributions to form a large fund. This fund is used to pay out claims to beneficiaries when someone...
Mon, 14 Oct, 2024 at 10:00 AM
How Does Life Insurance Take Care of my Children?
The loss of your life could be as financially devastating to your children as it is emotionally. Without your income they may be thrown into a dangerously v...
Mon, 14 Oct, 2024 at 10:04 AM
Do Young People Need Life Insurance?
Life insurance isn't just for families. Even young adults might have dependents (like your parents or siblings) or want to secure their own future. ...
Mon, 14 Oct, 2024 at 10:05 AM
What is "Term Life Insurance" & How is it Different from "Whole Life" or "Funeral" Insurance?
What is Term Life Insurance? Term life insurance is designed to be simple and affordable. It has a clear and transparent value proposition – you pay to obt...
Mon, 14 Oct, 2024 at 10:16 AM
When is the Best Time to Get Insurance?
The sooner you get life insurance, the more affordable it will be. So, the best time is right now!  It’s a smart move to lock in a low monthly price now...
Mon, 14 Oct, 2024 at 10:17 AM
How Often Should I Revisit my Insurance Needs?
As your life changes (marriage, children, career, new debt, buy a home or pay it off), your insurance needs may too.  It’s a good idea to check in with you...
Mon, 14 Oct, 2024 at 10:18 AM
What is "Underwriting"?
Underwriting is the process insurers use to determine your risk profile. This helps insurers to know what cover you qualify for, as well as the appropriate ...
Mon, 14 Oct, 2024 at 10:19 AM
I Get Life Insurance Through My Employer - Is It Enough?
Employer-provided life insurance may not be sufficient.  A rule of thumb commonly used in the insurance world is that your total insurance cover should be ...
Mon, 14 Oct, 2024 at 10:21 AM