What is life insurance?
- To pay a sum of money to a person of your choosing upon the death of the insured
The purposes of life insurance:
- The most common purpose of life insurance is to protect the finances of one's family or friends in case of a wage-earner's death, but that's not its only use
How life insurance works?
- The life insurance company pledges to pay a death benefit to the policy's beneficiary upon the death of the insured
- The policy owner is responsible for paying premiums in order to maintain the policy in force
Types of life insurance
- Life insurance is understood best by dividing all types of life insurance into three categories: term life insurance, whole life insurance, and universal life insurance
Choosing the right life insurance policy
- How big of a death benefit do I need?
- How long do I need coverage?
- Where should I buy life insurance?
- PHP Insurance Services will help you to find out a best policy
Why choose PHP Insurance Services?
- Great protection at great price with multiple choices
- Extensive experience, utterly reliable
- High quality services and support 24/7
