Planning for your family's future is smart, especially when it involves a life insurance policy plan.
With this in mind, it becomes easier to understand that the right insurance policies usually go a long way toward helping you safeguard not only your earning power but also your possessions.
When it comes to protecting the people that are financially dependent on you, think life insurance. Think about how much you earn each year and the number of years you plan to remain employed and purchase a policy that will replace that income in the event of your untimely demise. Factor in the cost of burial, too, as the unexpected cost is a burden for many families.
Nobody wants to admit that the activities of their lives can be affected by the possibility of permanent disability. It is a good thing to hope, but while we do, we should remind ourselves that relying on hope to protect our future earning power is simply not a good idea. Instead, choose a disability policy that provides enough coverage to enable you to continue your current lifestyle, even if you can no longer continue working.
The inflated cost of medical care is enough for one to prioritize health insurance. A serious injury that demands a hospital stay can generate a bill that only expensive can qualify. And injuries or any other health issues that require surgery can only birth an exorbitant bill. Although the ever-increasing cost of health insurance is a financial burden, for just about everyone, the potential cost of not having coverage is much higher.
AIICO Insurance company which is one of the rising insurance company in Africa offers several life insurance plans, including various term insurance policies. The self-acclaimed biggest life insurance companies in Nigeria offer plans for personal and business insurance as well.
Zenith Insurance is known to offer great customer service when it comes to life insurance plans. The company offers a wide range of traditional life insurance products, retirement and death benefit policies to meet anyone’s needs. They also have a saving/investment option for the insured when the life policy matures.
The global insurance provider offers a wide range of life insurance package to meet the specific needs of those seeking life insurance. They also receive high remarks by those who have purchased policies with Leadway.
The 2008 winner of the best insurance company award personal protection plan protects families from the consequences of accidental death, serious injury or hospitalization following an accident. In addition to providing coverage, the plan also includes benefits if the insurer suffers from paralysis due to a disease. The plan terminates at age 70, but the benefits can be adjusted to meet the needs of members.
Mutual Benefits Assurance is considered one of the best life insurance companies because they offer a wide range of specific life insurance policies. They have multiple term life insurance policies, group life insurance, whole life assurance, keyman insurance policy for companies seeking coverage for an accidental death of an employee and a mortgage protection policy.
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