The benefits of having a life insurance policy

Key points:

• Life insurance can provide financial protection to the insured's dependents in case of their death

• Life insurance can help pay off outstanding debts, mortgages, and other expenses

• Life insurance can help provide for the insured's children's education and future needs

• Life insurance can provide peace of mind to the insured, knowing that their loved ones will be taken care of in case of their death

Different types of life insurance policies

Key points:

• Term life insurance: provides coverage for a specific period, usually 10-30 years

• Whole life insurance: provides coverage for the insured's entire life, as long as premiums are paid

• Universal life insurance: provides flexibility in premium payments and death benefits

Key points:

• Prahim Investments can help clients choose the right life insurance policy based on their needs and budget

• Prahim Investments can provide personalized recommendations and quotes from different insurance providers

• Prahim Investments can assist clients with the application process and documentation

• Prahim Investments can provide ongoing support and advice on life insurance policy management and claims