Life Insurance
The concept of life insurance is relatively straight-forward. Under a life insurance policy, the insurance company pays the insured amount on the death of the person whose life is insured. The benefit can be paid to a nominated beneficiary or to the estate of the deceased.
Most modern day life insurance policies will pay the insured benefit early if a terminal illness is diagnosed and the insured person has less than 12 months to live.
Life insurance premiums are relatively affordable but can become expensive in later years.
To find out how DBT can help protect you, contact us today.
