Life Insurance, A Proven Financial Solution To Your Family
Life insurance is a proven financial solution to your family. It's designed to replace your income at old age or cater for your family needs at death.
The reason why many people are ignoring insurance is because they do not get the income when they need it. But the wise ones go for it at the time is not needed.
Because when that disaster struck or when that your fine car is involved in an accident it will be too late to call the insurance broker.
Life assurance policy gives peace of mind to those who purchase it. No wonder John F. Kennedy said the time to repair the roof is when the sun is shining.
For instance it becomes a new source of income for you or your family when something happens to your main income.
It's of various types depending on your age, health and your financial capability. But be rest assured that life insurance is available to both the rich and the poor except the dead.
Therefore, you can take up a policy which takes care of your financial needs at old age, which is called annuity.
Otherwise, you can get a policy which provides the finance for your loved ones when you are no more or for your children education.
Life insurance could be viewed as an investment with a profit at maturity or before maturity, but the reason of purchase should not be the wish to gain but to protect you and your family against any possible occurrence.
For better clarity of why you need life insurance, let me elaborate on its benefits:
The premium paid is being invested for all policy holders at a high rate of interest after the first installment. Bonuses are evenly distributed to the policy holders annually according to the face amount of the policy.
The family of a client is entitled to the actual amount of the policy if the client should die within the policy period, provided the policy is in force and the amount of premium paid at the time of death notwithstanding.
Every life insurance policy is indemnified weekly if the policy holder is involved in accident and hospitalized provided the accidental benefit clause was included on the policy. In addition, the actual amount could be double if the accident result to the death of the client to a maximum of one million naira for now.
The policy document is acceptable by financial institutions as security for obtaining loan. But the policy does not guarantee automatic loan from financial houses, your relationship with the financial house is considered as well.
Miracle Omoifoh is the managing director of Heroes Insurance Brokers Limited. For solutions to your insurance needs, you can reach us by calling mobile numbers 2348023222452, 2348068102357 or send a mail by clicking here.
Olabode Oruku is a Chinese herbal health consultant and the chief executive officer of Oruku Consultancy Services. The company offers proven business idea, online and offline marketing consultancy services to small business owners.
P.S. We do recommend detoxification of the body system before any treatment to enhance result. The supplements for detoxification generally are Colon Cleanse tea, Constilease, Gastrifort, Refresh tea and Qinghao.
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