LIFE COVER
Life cover, or life insurance, refers to a financial arrangement that provides a payout to beneficiaries upon the death of the insured person. The purpose of life cover is to offer financial protection and security to loved ones, helping them manage expenses such as mortgage payments, education costs, and other financial obligations after the insured’s death. Essentially, it ensures that your family is taken care of financially if something were to happen to you.
FUNERAL COVER
Funeral cover benefit refers to the specific financial payout provided by a funeral cover policy upon the death of the insured person.
The funeral cover benefit provides financial relief to families during a difficult time, ensuring that they can honour their loved ones without the burden of unexpected costs.