What Is Life Insurance?
Some people in South Africa see it as a death protection plan.
What Can Be Done With This Money?
This money belongs to the loved ones, and they can use it to survive, especially if the one that died or with a disability is the breadwinner of the household.
The Two Types Of Policies:
This is a policy that is due a certain time. You can choose the term period and just pay your monthly fee until that term ends.
Whole Life Cover
This plan you take out to provide protection for you and your loved ones till you are on pension or if one of the policyholders come to pass. You will be covered your entire life basically and therefor will pay a monthly fee until then.
Video Description Of Life Cover
What Does Compare Quotes Mean?
Where Can I Get Cheap Rates Or Prices?
Which Company In South Africa Is More Affordable And Reliable?
Names Of Firms:
- Metropolitan Or Metlife
- Old Mutual
- Standard Bank
- First For Women