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Why People Choose Life Insurance
Types of Life Insurance
TEMPORARY LIFE
Provides coverage for a specific period of time such as 10, 20, or 30 years. Often used for income protection, mortgages, or raising children.
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✔ Lower initial cost
✔ Coverage for a set period
✔ Good for families & mortgages
✔ Straightforward protection
PERMANENT LIFE
Provides lifelong coverage and may also build cash value over time depending on the policy structure.
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✔ Lifelong coverage
✔ Long-term financial planning
✔ May build cash value
✔ Good for estate planning & legacy
Who Is Life Insurance For?
Life insurance may be important if you:
✔ Have children or dependents
✔ Own a home
✔ Share financial responsibilities
✔ Own a business
✔ Want to leave financial support behind
✔ Want coverage while you are young and healthy
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