A life insurance policy consists of an agreement in which the insurer undertakes to pay the insured capital to a third party in the event of the death of the person whose life is insured, during the term of the contract. This life insurance can be a basic plan, or you can opt for supplementary coverages that may cover the risk of disability, accident, or even unemployment.
Usually, and as with any insurance, the main reason for buying life insurance is that there is some risk to one’s life. The insurance will allow the family to have financial help in case of death, accident or unemployment of its beneficiary.
Life Insurance is also a requirement when you want to take out a home loan.
Financial coverage in case of death, accident, or unemployment.
Policies adaptable to different realities.
Guarantee of support in case of disability.