When it comes to life insurance, it’s not as straight forward as you might think. As with many things in life, you tend to get what you pay for. For some, Group Life insurance offers the benefit of providing some level of cover at a relatively cheap cost. But what are you forgoing for the cost saving?
Life Insurance: Are you getting value for your premium dollar?
If you haven’t reviewed your personal insurance cover in some time, it might pay to. It is not uncommon for policies held for 5 years+ to cost up to 40% more than a new policy premium.
