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1Lifedirect caters for individual insurance, meaning a life insurance cover that you take out in your own name. The premiums are based on your specific risk profile. The following factors will all have an impact on how much you will pay:
– younger individuals will pay a lesser premium, due to the decreased likelihood of dying from natural causes at young ages
– the premiums are slightly lower on average for women, as statistics have proven that there is an increased likelihood that they live at least 6 years longer than men, on average
– if you have a current health condition or a history of illness, the likelihood of death increases and the risk is much higher compared to someone who is healthy
Benefits of 1Lifedirect?
What does 1Lifedirect offer?
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