Who should take out life risk insurance?
The life insurance is designed to maintain the financial peace of mind of those who will remain when we are no longer here. Therefore, it is important to think about who depends or may depend financially on us, such as our partner, children, parents with a certain age, dependent people, etc.
In addition, if we have any debts, mortgages or our own business, we must consider the commitments that may directly fall upon our heirs in the event of misfortune.
Other frequently asked questions about life insurance
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What capital is suitable for life insurance?
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What is understood by total disability and permanent disability?
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Who will receive the compensation in the event of an accident?
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If I contract an illness, can the insurer cancel my insurance?
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Is it compulsory to take out life insurance when being granted a mortgage?
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What is the difference between funeral insurance and life insurance?
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Will I still be insured in the policy if I receive the disability benefit?