Life insurance from LionShare Insurance Group can help you secure your family’s financial future by providing the funds they need to: cover burial expenses, uninsured medical bills, pay off your mortgage and other outstanding debts, and maintain a comfortable standard of living.

2. Why we need Life Insurance?
Have you ever thought who will take care of your family if something
happens to you?
Will they be financially independent?
Will they be able to afford their lifestyle?
If these questions bother you, then life insurance can help. Life insurance
policies are specially customized to meet all your financial worries.
While you may be faced with a plethora of investment choices, taking
up life insurance plan would be the best decision.

3. Life Insurance

Life insurance from LionShare
Insurance Group can help you secure
your family’s financial future by
providing the funds they need to: cover
burial expenses, uninsured medical
bills, pay off your mortgage and other
outstanding debts, and maintain a
comfortable standard of living.

There are a variety of life insurance
policies that we can provide. The kind
of policy you choose depends on your
needs:

Term Life Insurance

Universal Life Insurance

Whole Life Insurance

4. Term Life Insurance
Term Life Insurance is a low-cost way of
providing maximum coverage for your
family. Protection is provided for a
limited number of years. The insurance
expires without value if the insured lives
beyond the policy period, usually 5 to 20
years. Other policy life periods are
available, including 1 year annual
renewable term.
Term insurance premiums will not increase
during the guaranteed policy time period
(term) you select. Term Life Insurance
pays a death benefit only if you die
during that term. Term insurance
generally provides the largest insurance
protection for your premium dollar.

5. Universal Life Insurance

Universal Life is characterized by great
flexibility. Policyholders can determine
the amount and frequency of premium
payments – i.e., the more you pay, the
less time you will need to pay. Your
premiums cover the insurance part also
the savings or investment element and
the expense part.

The stated interest on the investment
portion changes along with movement
in interest rates; moves in 1/4 %
interest steps are typical as banks and
other financial institutions make similar
moves.

6. Whole Life Insurance

Whole Life Insurance provides
permanent protection for the whole of
life from the date of policy issue to the
date of the insured’s death, provided
that premiums are paid. Premiums are
set at the time of policy issue and
remain level for the policy’s life. Unlike
term insurance, whole life combines
insurance protection and savings or
cash value which builds over time.

Cash value build-up may provide a
source for living benefits, for example,
helping pay off a mortgage, or a child’s
education, or cash surrender value if
the policy is ever cancelled.

7. Reference
www.lionshareinsurance.com