An insurer guarantees payment to an insured's beneficiaries when the insured dies.
Individual life insurance is a policy that is paid by one person and covers a single person.
Life insurance provides a death benefit to your selected beneficiaries after your death. A death benefit can help reduce the financial burden associated with settling your affairs, including funeral costs, debt settlements and your estate.
Life insurance provides a death benefit to your selected beneficiaries after your death. A death benefit can help reduce the financial burden associated with settling your affairs, including funeral costs, debt settlements and your estate.
Choosing the right life insurance policy starts with understanding your needs and knowing the differences between the types of policies available: term life, universal life, and variable life. Once you do, you can choose the best option for your family.
When you’re ready to buy the insurance company can provide the information you need to make an educated choice. And you may be surprised at how affordable a personal life insurance policy can be.
If you have questions about life insurance policies, you can talk to someone who can help you build a personal life insurance policy, provide guidance on how to get life insurance, and figure out how much life insurance you need.
As your life changes, the best type of life insurance to meet your needs can change, too. Find out whether term insurance, permanent insurance, or a combination of both is right for the stage of life you’re in now.
Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified "term" of years. If the insured dies during the time period specified in the policy and the policy is active, or in force, a death benefit will be paid
Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component.
Life insurance companies in Zambia that will be listed in this category
- Sanlam Zambia: Personal and Group Insurance Sanlam Life Insurance Zambia, formerly known as African Life Assurance Zambia, is the leading life insurance company in Zambia
- Hollard Zambia is an authorised General Insurance Provider. Hollard Life Zambia is an authorised Life Assurance Provider.
- Liberty Life Insurance - A specialist life insurance company that provides group and individual/personal risk insurance solutions
- Prudential Life Assurance Helping you get the most out of life.
