Personal Finance
Personal finance: Life, death and protection policies – what you need to know
From death benefits to income protection, be sure you read the small print of any policies you take out
When it comes to life cover, the myriad of advertisements touting the lowest premiums and cost-effective coverage can be overwhelming. While protection is often viewed as a necessary evil, the real question is: what factors should you consider when safeguarding your finances and the wellbeing of your loved ones?
Diverse protection policies, encompassing living and death benefits, cater to various scenarios. Some provide living benefits, others death benefits; some shield the bank while others protect ...
