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If you are considering purchasing a life assurance policy, or if
you already have life cover, there are a number of factors that
could help you to reduce your monthly premiums. Because the cost
of premiums for life assurance (also referred to as life
insurance) is dependent on various lifestyle aspects of the
insured individual, there are certain things that you can do to
cut the cost of your life assurance premiums. Read One Life
Direct’s tips below to find out more.
1Life Direct offers policyholders a choice between two different
kinds of life cover, namely Pure Life Cover and Credit Life
Cover. Depending on your individual needs, we can help you to
determine which one of these life insurance policies would best
protect your family, should something happen to you. Read on to
learn more about 1Life Direct’s life insurance products, and to
find out how you can ensure that your family has the life they
deserve, no matter what the future may bring.
A life assurance policy (also referred to as a life insurance
policy) is not limited to providing for your family’s needs in
the event of your death – it can also be a financial resource
for you and your loved ones if you are no longer able to earn an
income. With 1Life Direct, policyholders are given the option to
include disablement and dread disease cover in their Pure Life
Cover and Credit Life Cover policies. This means that if you are
suddenly unable to work due to injury or illness, your financial
needs will continue to be catered for by your 1Life Direct life
assurance policy.
A life insurance policy is a monetary resource that serves to
protect the financial well-being of a family should something
happen to the primary breadwinner. This means that the best time
to get life cover is once you have dependents. However, while
this is generally the main motivation for acquiring life cover,
there are other factors involved in deciding on the appropriate
time to purchase life insurance (or life assurance, as it is
also referred to). 1Life Direct is here to help you figure out
exactly when to apply for life cover.
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