As we all know that life insurance or life cover is a means of ensuring that your family or dependants are financially secure after your death. Death is inevitable and can come unannounced and thus do consider the life cover as it very cheap these days by virtue of available competition. Do not run from this responsibility and take a decision now before its too late.
One must consider following when investing in life insurance:
(a) Life cover amount required by you and it must be atleast 50 times your monthly salary.
(b) Check how life cover will be paid out during your life time after your death.
(c) Compare the quotes from life insurance providers.
Start by getting a life insurance quote from your adviser or consult our product information tables and get the best quote as term insurances are better than those linked with investment. The screen shot above depicts the monthly premium for the life cover.
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