Life Insurance

Secure your families future and lifestyle in case the unexpected happens.

Risk Wisdom can assists you, protect yourself and your loved ones against financial hardship, when the unforeseen event occurs.
Life insurance is also known as life cover or death cover. This mode of protection pays a lump sum if you pass away untimely. Life insurance facilitated by risk wisdom, also includes lump sums payable in the event a diagnosis of terminal illness is made, which is highly likely to result in death in the next 24 months. Furthermore, life insurance provides peace of mind knowing that your loved ones will be taken care of when you are gone.

Key Features :

  •  A Lump sum Payment if you die.
  • Terminal illness and accidental life cover with access to an advance death benefit.
  •  Automatic cpi linked benefits each years
  •  Choose to freeze your stepped premiums if your're 30 or over.
  •  Apply for additional cover when certain evernts occur without further medical evidence.
  •  Entry age (Next birthday) -11 years
  •  Expiry Age (Policy anniversary proir to)-100 years
  •  Financial Planing benefit-A financial planing benefit pays your family a certain amount towards a plan, should your family need one, once you have passed away.
  •  Funeral benefits-provides your family with extra financial assistance of up to #30,000 paid immediately upon death to help with urgent costs.

'I Sure Could Have Used Life Insurance'

I Wanted To Put Off Getting Life Insurance—But My Husband Didn't
When I married James* in 1978, I was 21 years old. I never could have imagined then that I’d be a widow by 26, or that I’d have a 9-month-old baby to take care of on my own.

As soon as we became pregnant, James started talking about life insurance—but I was hesitant. I was 24, but James was already thinking like an adult. It’s not that I wasn’t an adult; the topic of life insurance was just scary. I was pregnant with our yet-to-be-born child, and the last thing I wanted to think about was one of us dying.
James passed away on a Tuesday in March. The weekend before, we’d had an especially good time together. That Monday evening, my neighbor came over to watch a show. James sat with us but left early and was already asleep when I joined him later.
The next morning, he left for work without me seeing him. Whether he kissed me goodbye while I slept, I’ll never know. I had a hair appointment with the woman across the street. I was sitting in a chair in her basement when I heard footsteps coming down the stairs. I turned to see my brother, Paul, who, like James, was a construction worker. He looked at me and said, “Cathy, we have to go.”

I remember him pulling me out of the chair, and driving to the hospital. My first words were, “How bad?”

He just squeezed my hand.

When we arrived at the ER, the other construction workers were there. It was hard for them to look at me—and that’s when I knew.

My story is a reminder that once you have a family—no matter your age—life insurance is absolutely essential.
I didn’t want to think about that at the time, but lucky for me, my husband had.

copy by : LearnVest is a simple plan for your money.
Opinions expressed by Forbes Contributors are their own.




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