Over the years there has been a misconception worldwide that a life policy is tantamount to death.This misconceived belief has robbed many the opportunity to have taken a great decision that would have protected their families from avoidable tears and hardship.

One of the reason attributed to this belief is ignorance.Many people are not fully enlightened about this form of insurance and so develop apathy towards it.Secondly fear.Like the saying goes,"everyone wants to go to heaven but nobody wants to die". People are scared stiff of death ignoring the fact that it's inevitable.It is a necessary end that will come when it will come.There is no antidote to it. The earlier we face that fact the better we begin to set our priorities right.

Have you ever imagined that after your death your lovely family can become helpless and wallow in lack?.This is probably one of the reason a life policy is advisable.Past experience of bereaved families have shown that life insurance is a necessity.

There have been instances where a father of a house dies living behind a wife and three children, all teenagers.The funeral and post funeral burden like school fees, medical bills, feeding and so on becomes the wife's responsibility.How would she bear the burden all alone?.

What then is life insurance?.Life insurance is one of
the ways to provide legacy for one's family during one's lifetime. It helps to save living relatives the stress of lack.It is a legal contract between the buyer and the insurance company.Whereby the insurer agrees to pay the policy holder's beneficiaries a stipulated sum of money upon his death or immobility arising from a terminal or critical illness.

In the contract,the buyer agrees to pay a fixed amount at regular intervals or pays a lump sum once. This fixed amount or lump sum professionally,is referred to as, "premium".The insurance company receives the premium from her client and invest same to create a pool of money from where the company can pay claims and finance her operations.

Now,to clear the belief that life policy is a death warrant you need to read through this article to know the truth. A life cover is not limited to provision of funds at the death of a policy holder but can be used to plan for retirement.When you are active and employed,you can start saving for retirement with a policy.This will ensure you are not stranded at old age or when terminally ill.

Your cover can also be used to fund your children education,plan for comfortable future life,access bank loans, or any other acceptable purposes.It is a vast and technical form of insurance that requires professional guidance and advice.You may get one by requesting for your free online calculation.It's simple and easy.

I believe you've gained few tips to help you take a wise decision.Do you need a life cover?.You can now proceed to get the best life calculator online.But ensure you settle with a reliable provider.