It’s a contract where you pay regular premiums so your insurer will pay a lump-sum (called the “death benefit”) to your beneficiaries if you pass away. This benefit is generally tax-free and helps your loved ones cover expenses. 

If someone depends on your income or you want to cover debts, final expenses, or leave financial security or a legacy life insurance provides peace of mind and financial protection for them.  

 common guideline is to have life insurance coverage equal to 10–15 times your annual income. 

Yes, you can purchase life insurance online. Many reputable insurers offer streamlined, digital application processes that allow you to obtain coverage quickly and conveniently from the comfort of your home. 

Yes, you can change your insurance policy. Insurance providers typically allow policyholders to make adjustments to their coverage, such as updating personal information, modifying coverage limits, or adding or removing policyholders. These changes can often be made mid-policy without the need to wait for the policy to expire. 

Yes, insurance is essential even if you’re healthy or haven’t filed a claim. It provides financial protection against unexpected events like accidents, illnesses, or natural disasters. Having insurance ensures you’re not financially burdened by unforeseen circumstances.