Life insurance provides financial security for your loved ones in the event of your death, helping cover expenses such as funeral costs, outstanding debts, mortgage payments, and ongoing living expenses.

Premiums are influenced by factors such as your age, health, lifestyle, occupation, the type of policy, and the coverage amount you choose. Healthier individuals and younger applicants typically pay lower premiums.

Consider your financial goals, budget, family needs, and the type of coverage that best suits your situation. Consulting with an insurance advisor can help you make an informed decision.

While life insurance is often associated with dependents, single individuals may still need it to cover debts, funeral expenses, or leave a financial gift to a loved one or charity.