The cost of life cover is based on how long you're likely to live. So, if you want to make sure your family will be okay financially when you're gone, it's a good idea to look after yourself now. The risk level you transfer to the insurer is what directly affects the premium that you will pay monthly for them to take it on your behalf. Check out these seven ways to help extend your life and lower the cost of your policy: 1. Buy life insurance early. Younger people pay less insurance that older people. Younger people are generally healthier and less likely to die that older people. There are a lot of illnesses that come with age that younger people are as a result less likely to suffer. It is therefore an advantge to take life insurance as early as you can in your life. 2. Buy the cover you need. Every insurance company has attachments or accessories to their products that are useful and some are just plain cool(for lack of a better word). The issue wi...
We are about all things money for the man in the street. We try to simplify complex money topics and subtopics to ensure that everyone has the information they need to make good money decisions for themselves. We are based in South Africa, the information is therefore made for the South African financial landscape.