Life Insurance is about a life, your life. It is the basis of protection and financial stability after one's death. Life Insurance ensures that if anything happens to you today, your loved ones will have proper resources to continue living a normal life like before. It will help with ongoing costs for expenses such as food, clothing, transportation, rent/mortgage and or utility bills.
It's about how your loved ones will live their lives when you're gone. Its function is to help beneficiaries financially after the owner of the policy dies.
NAGICO's Level Term Insurance is the most affordable coverage available; the insurance protection is for a specified term: 10, 15, 20, 25, 30 years and Term to age 65. At the end of the term chosen, your life coverage ceases.