A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured’s death. Typically, life insurance is chosen based on the needs and goals of the owner.
At Penberthy Insurance, we want to help you protect your family but it can be confusing knowing what you need and how much! If you would like to talk to one of our life and medical insurance advisers for a personalised review of your insurance needs, visit our website www.penberthy.co.nz.
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