Life Assurance

Life assurance is a type of insurance policy that provides financial security to your dependents in the event of your death. It pays out a lump sum or regular income to your beneficiaries, helping them cover expenses like debts, education, or daily living costs. There are different types, such as whole life policies that last your lifetime, and term policies that cover a specific period. Essentially, it’s a way to ensure your loved ones are financially protected and can maintain their standard of living if you’re no longer there to support them.