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Sunday, 20 February 2011

What is Death Cover and Why do I Need It?

Life Cover/ Assurance provides Financial protection for your family or assets in event of death

How does it Work?

You will pay a regular premium  in exchange for the insurance company taking the risk of paying out an agreed sum of money in the event of your death.

Money can only be accessed once a claim occurs.

Life cover is normally needed to protect your assets such a a house and provide money for your dependents.

For more info on how to obtain life cover you can contact Magda mbosman@oldmutualpfa.com

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