FAQ

Q: Do I need Life Insurance?


You don’t need life insurance because you may die. You need it because your family keeps living. If you have a family who depends on the money you earn, you need life insurance. Its primary purpose is to provide ongoing income for your family and make sure your loved ones are not left trying to service your debt.

Q: How much life insurance do I need?


Many people struggle with determining how much insurance they need. Is it enough? Do I have too much? Fortunately, there are many rough guides for estimating Life Insurance needs.

For example:

  • 10 x your annual salary
  • 60% your annual salary x years to retirement

For a more accurate analysis of your needs, please try our Insurance Needs Analysis calculator.

Q: How much does insurance cost?


Many people think life insurance is much more expensive than it is. In fact, many people can get term coverage from a quality company for a surprisingly low price. Insurance does get more expensive as you get older, that’s why it makes sense to buy as much as you need while you’re young and healthy.

Try our complimentary real-time insurance quoting tool  to find out how much your desired level of cover costs with some of the major insurers.

1 2