Coverage Information
Life insurance becomes necessary the moment someone else depends on you. It can be your spouse, children, or even your parents. If your death would affect the lifestyle of someone you love, it’s time to enroll.
Individual life provides a specified lump-sum benefit to your beneficiary at the time of your death as well as protects you with living benefits while you are alive. The face amount does not reduce as long as you pay the required premium, and your premiums are guaranteed for a significant number of years based on your age, an average of 30. If you leave your employment, you can take your policy with you at the same premium rate. Simply pay the premium by a bank draft instead of payroll deduction.