Life insurance is a type of insurance that pays out a lump sum to the beneficiary or beneficiaries in the event of the death of an insured person.
A life insurance policy can be taken out by an individual or by a group, such as the members of a family. Some policies are sold as part of an employee benefits package, while others are sold directly to individuals or groups.
The purchaser generally pays a monthly fee, which varies according to age and health, into an account called the "premium." The premium is invested and grows tax-free until it is needed. The death benefit is paid out either in one sum or as instalments over time, depending on which option was chosen when the policy was taken out.
No matter the type of life insurance you need, Real Davis Financing Broker is able to provide it for you. We provide you quality and flexible life insurance packages, which will enable you have peace of mind and no worries at all.
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Whole Life Insurance, this is a guaranteed
payout whenever you pass away - with premiums
and sum assured linked to an investment fund.
Term Life Insurance, this is a guaranteed
regular payout which you receive should you die
within the agreed period of the company's policy
terms.
Illness Life Insurance, We offer you protection
against unpaid bills relating to medical bills
incase you fall sick.
Universal Life Insurance, a more conducive and
seamless permanent coverage, which provides you
with affordable protection alongside a savings
element plan, which increases overtime.