Life insurance is an agreement between you and the insurance provider that provides financial protection to the policy owner in the event of insured’s death. The policy owner would receive the specified amount of money from the insurance company, which can be used in several ways to ensure the family lifestyle is not disrupted.
The key purpose of life insurance is providing the assurance to their loved ones to continue with their life, including to meeting funeral expenses, outstanding debt obligation and meeting the day to day expenses.
Life insurance is not one size fit all, we like to understand your current situation and financial goals to tailor the policy to your need. To find out whether your existing life insurance is adequate, or wanting to have a comprehensive discussion to ascertain whether this is important, contact SK Financial Group.
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