Term life insurance is a life assurance that provide coverage at a fixed rate of payments for a limited period of time in the event of death of the insured persons. There are two basic types of life insurance: term and permanent.
Insurance is a peace of mind product. A good insurance policy assures you that your loved ones won’t suffer financially should anything happen to you.
Taking out a life insurance plan is one of the most difficult and selfless acts a person can accomplish. You are contemplating the unknown, but you are doing it for the benefit of those who will be left behind.
Family Term Life plan is the Manulife’s affordable and flexible term life insurance product for family under the life insurance category.
It is a coverage designed to match with your changing lifestyle and budget. It can fit in perfectly irrespective of your needs, lifestyle, and income. With this plan, families can maintain a comfortable lifestyle, settle their debts and mortgages without much ado. You can also take care of your children’s education easily and conveniently and at the same time save for your retirement.
A lot of considerations are necessary to make sure you’re leaving your dependents in solid financial shape.
Help protect your family with Family Term Life Insurance plan.
The Family Term life insurance plan provides coverage that fits benefits and features that can help disabled people manage their lives more with ease. Options are available for disabled people to skip their premium and you can even get a cash advance if you are diagnosed with an incurable illness.
This popular plan has several benefits outlined below: