Five common myths about life insurance
By Kirsten Hastings, 22 Aug 17
Having a good life insurance policy is an important component of long-term financial planning and the best financial protection clients can offer their loved ones. But a reluctance to talk mortality and pervasive myths mean that some people still are not covered, says Globaleye’s Tony Ashton.
Myth 1: Life insurance provides no benefits for the living
Fact: Although your life insurance policy can provide money to your family upon your death, there are also various types of life insurance covers that can offer ‘living benefits’, including the ability to access funds for education fees, down payment for your home, help to fund a business, or help to meet your requirement needs.
Tags: Globaleye
