Life insurance is an agreement that assures payment of an amount to the person assured (or his nominee) on the happening of the insured event.
The agreement is valid for payment of the insured amount during:
- Date of maturity
- Specified dates at periodic intervals
- Unfortunate death, if it occurs earlier
Life insurance is universally acknowledged to be an institution, which eliminates ‘risk’, substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of a person who is the main source of income.
There are various types of life insurance policies i.e. permanent life insurance, term life insurance or universal life insurance as per your insurance requirements.
Give us a call at (+1) 416 991 5959 or fill the form to get a free quote or book a free and confidential appointment to get more detailed information about Life Insurance and its benefits to you and your family.