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For a relatively small cost, life insurance can help compensate a family for such a loss and ensure that they are not burdened by the financial consequences of losing the family breadwinner.
When a business loses a key person through illness or death, it can have a major impact on the future success of that company and in extreme cases can even lead to its closure.
Group Life Cover is a single insurance contract covering a group of individuals. The cost of coverage is less than what the employees/members would pay for a similar amount of individual protection.
In its most basic form, estate planning is about a parent wanting to leave money to a child, or a spouse wanting to make sure that their surviving partner is provided for.
