A Simple Guide on How Life Insurance Works
Helping to improve our Members financial well-being is a core part of why we exist and along with our commitment to education and knowledge we are developing a series of resources to help our Members become more financially resilient.
The world of life insurance is complex. Customers are buying an intangible product that can often be confusing and complicated with technical terminology, conditions, obligations, jargon and product documents with many pages outlining what you are or are not covered for.
So, we have developed this guide to help breakdown the confusion, jargon and complexity of the world of life Insurance and help answer questions you may have. Our aim is to make life insurance easy to understand, making it easier to make the right decisions when it comes to protecting what’s important.
In this Guide, you will find answers for:
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