Life Insurance

Life insurance is about so much more than leaving some money behind for your family and loved ones to inherit. It is about still being able to provide them a means to not just survive, but thrive. It gives one the ability to reach out from beyond the grave to ensure they still live the life you wanted to give them even if you are no longer around. We are going to give you a deeper insight into this insurance product on our website, and should you be satisfied that it suits your needs, please give us a call right away.

Calculating

People are often completely unaware of what goes into calculating one's life insurance premiums, so we thought we would give you a sneak peek and a brief explanation. The factors which are taken into consideration when calculating your premium include but are most certainly not limited to the amount of cover being taken. Your age, occupation, the highest level of education, income, smoker status, and overall medical history. Once we have the answers to these and some other questions, we will be able to calculate your life insurance premium. So give us a call today so we can get the process started.

Cover Amount

This is something that to this day remains a contentious issue in the industry. Life insurance by its very nature was not designed to make your family rich. It was designed to leave them in the same position, or a slightly better one than before the event happened. The event is your death. In our professional opinions, your life insurance should cover all your debt, with a bit left behind to take care of things like education and living standards. To see what amount you should be thinking of, just give us a call today.

Medical Tests

We often get asked by clients why they need to go for medical tests. In some cases, they actually fight us on it. At the end of the day, these tests are there to protect both the applicant and the insurer. You see these tests give us a general picture of your health. Those with minimal issues will receive better terms and a better premium, and those with health issues will get what is called an exclusion or a loading. It is just the way things work, and we guarantee that if no medical tests were done nobody would be able to afford life insurance in the first place.

Plan

This is by far the biggest mistake people make when taking a life insurance policy. They fail to do the planning, or as we like to call it a full financial needs analysis. Without this, they often tend to over or under cover themselves, which will most certainly become a problem later on down the line. So before you make any final decisions regarding the life insurance needs, make sure that you give us a call and we will do a full FNA to establish precisely what your needs are which will then help us determine your ideal cover amount.