Key Highlights Life assurance offers lifelong coverage, while life insurance covers a predetermined period. Life assurance often includes an investment element, potentially leading to a maturity benefit. Life insurance generally costs less than life assurance due to its limited coverage period. Choosing between the two depends on your financial goals and family’s needs. Both options […]
Term Life Insurance is a common option for people looking for life insurance coverage at an affordable price. It provides a Death Benefit to the beneficiaries of the insured person in the event of their death within the Policy’s term. However, one area of confusion for many is whether an Accidental Death is covered by […]