How much does Life Insurance cost?

What are Life Insurance costs? A question many South Africans ask when thinking about insuring their lives.

The purpose of Life insurance is to ensure your family’s financial wellness should you not be present anymore.

Life Insurance costs are Basically what You can Afford

Life insurance is worth considering if you have a family; spouse, children, parents – who depend on your income.

The factors that make up life insurance costs are:

• Is your income used to pay for any bills such as house/car payments, school fees, etc,
• The cost of your partner taking time off if you die
• What are the costs associated with child care, especially special needs persons

So, no need to think about whether you can afford cover or not. You can!

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All info was correct at time of publishing