Augusta
VIP Contributor
Insurance policies purchase is a great way to cover you against eventualities. But you might think you can always be on top of your game if anything happens, but same can’t be said when you are dead right? This is why life assurance is important; it can help take care of your family after you are gone. The following are valid reasons you should take out life assurance policy:
- It will help you protect your loved ones by leaving them non-taxable amount
- Your life assurance can be used to cover your personal loans and mortgage
- It can help with your burial expenses that come at a high cost
- Life assurance can enable you leave inheritance for your family especially children