Family life policy

LifeOne Life Insurance, Cigna New Zealand

LifeOne Life Insurance Is Life Insurance For Me? No matter what stage you’re at in life, Life Insurance is always something to consider as a means of protecting yourself and those you love, in the event of tragedy. A life insurance policy can help protect your family against the financial stresses associated with the sudden death of a loved one. It can help give you peace of mind by knowing that whatever happens your family will be financially secure. Becoming a parent is one of the most life changing things a person may ever do. But what would happen if the breadwinner in the family were to suddenly pass away? How would the family manage to cover mortgage payments and the cost of living...

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A New Parent s Guide to Life Insurance - NerdWallet

Life insurance might not have crossed your mind before there was a newborn relying on you. But having a baby changes everything. Getting coverage is a simple way to make sure your family will be financially protected if something happens to you. Let’s walk through what you need to know: How life insurance works Life insurance pays money to a beneficiary — a spouse, for example — when the insured person dies. The payout is called a death benefit. You list the beneficiary on the policy when you buy coverage. Here’s an example of how it could work: You buy a $1 million policy insuring your own life and name your spouse as a beneficiary. If you die while the insurance is in effect, your spouse...

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