My Simple Life Plan: Helping You Secure your Future

My Simple Life Plan: Helping You Secure your Future

Have you ever thought about what would happen to your loved ones if you died or became terminally ill? Our Simple Life plan insurance policy is here to give you the financial security that is worth it!

Life comprises numerous conditions that may lead to death, such as; critical illnesses, accidental loss of life, and others. It is crucial to be financially prepared before such unforeseen circumstances occur- to ensure you can relish significant milestones without much concern.

Losing someone is complicated, emotional, and stressful. Making sure your loved ones can pay any debts or expenses and carry on with their life when you are gone means they will have a little less to worry about. Taking up this insurance cover means that you can still be a part of your loved one's future- even if you are not here, whether it's paying for university fees or making sure that the mortgage can be covered; you can still support them if you die.

Here are a few things to consider when deciding on the sums assured you would like to cover yourself.

Determine the optimal insurance coverage you require: As the policyholder, determine the amount required for future expenses such as your children's education, outstanding debts, cost of mortgage repayment, or wedding, among others. that the sums assured would help your family maintain their current lifestyle even in your absence.?

Be transparent with your life insurance provider: If you smoke, drink alcohol, or work in a hazardous industry, disclose these details to your insurer. You must also reveal any pre-existing medical conditions or family history of critical illnesses.

Review the final policy document thoroughly: Before making an absolute commitment, carefully read and understand the terms and conditions. Find out essential details, such as the circumstances under which the claim will not be valid.

Regularly reassess your insurance policy: As your financial goals change with age and life events such as sickness, disability, or childbirth, it is critical to reassess your insurance policy occasionally. The liberty Life Assurance Uganda simple life plan includes a provision of an annual benefit increase- this ensures that the sums assured will be relevant and takes into consideration the inflationary rate.

Do not look further to securing your family's future; keeping these tips in mind is vital. Take up a cover with Liberty Life. No medical underwriting is needed.


Talk to us today +256 414 (0312) 233 794/803|[email protected]? Liberty Life Assurance Uganda walking life’ journey with you.

GOVIND JOHRI

Arbitrator, Faculty, Author of Fire & Consequential Loss Ins, Fire Coverages, Motor Insurance & TP Insurance claims management, General Ins. Claims, The Insurance Broker, Investigation of claims,

2 年

Congratulayions Danish for making NIA proud

Mohammad Danish Eqbal ACMA CGMA? PMP? FLMI FIII

Chief Executive Officer at Liberty Uganda | Chair - Data & Analytics - Standard Bank (IAM-AR)

2 年

Secure your loved ones, fantastic plan!

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