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Pure Life Insurance is an Affordable Insurance Option
November 7th, 2010 by admin
The purchase of insurance is a necessary part of life to protect yourself and your family from unexpected loss. An affordable option that pays a lump sum of cash to your beneficiaries is pure life insurance cover. This policy covers when loss of life is due to natural causes or the result of an accident. If the death was accidental then 100% of the face value is paid out immediately. If the death is due to natural causes and is within the first year the benefit is the repayment of all the premiums paid to date. From 12-18 months the benefit is 50%, 18-24 months the benefit is 75% and after two years it is the full face value.