Life Insurance Overview

Have you ever questioned what life insurance is and if you need it

Life insurance is an agreement between the policy owner and an insurer.

Life Insurance provides the owner the flexibility to provide income replacement for the owner’s spouse and family.

Some people leave their life insurance policy benefits to a charity or cause that is dear to their hearts.

There are two main types of Life insurance : Pure life insurance and life insurance with an investment feature.

Normal term life insurance policies provide coverage for a specified number of years for a lower premium.

Whole life insurance and variable life insurance feature investment components so that the policy can potentially increase in value over time.

The life insurance policy you choose depends on many factors including budget, purpose for insurance and if you have dependents.

Life insurance carries maximum benefits and offers high flexibility.

If you wish to choose life insurance, it is better for you to know the pros and cons of it, so that you can determine if it is right for you and your family.

If you have any query or need a quote? You can find life insurance quotes to compare by using the enquiry form on Universallife.com.hk Universallife.co.id