Discovery Insurance

What is life insurance? Life insurance is contract between an insurance policy and an insurer or assurer.

 

Life insurance contract falls into main two categories:

• Protection policies – designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence. A common form - more common in years past - of a protection policy design is term insurance.

• Investment policies – the main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms (in the U.S.) are whole life, universal life, and variable life policies. (Refer original – click here)
   

There are different parts in life insurance:

• Critical Illness

• Long Term Care

• Disability Insurance

• Term Life Insurance

• Health and Welfare Trust

 

Every part has different insurance policies.

 

If you are still confused & not having life insurance then it is a good time to invest in it. Get the life insurance at affordable rates from Discovery Insurance Services, Victoria, BC. Our experience insurance brokers in Victoria will assist you & you will get every detail about the plan & its benefit.