Why life insurance is important for single parents

Why life insurance is important for single parents

Being a single parent can be hugely challenging. You have to perform so many different roles that sometimes you just aim to get through each day, one day at a time. But making sure long-term plans are in place is as important as handling the daily logistics. In this video, we talk about why life insurance is an important part of your financial plan as a single parent.

Can I take out life insurance without going for medical tests?
Yes, you do have the option to get cover (these options are listed on our website) simply by answering a few questions about your health and lifestyle. However, If you lead a healthy lifestyle and you’d like to apply for more cover and don’t want to be limited with cover options, then you’ll need to go for medical tests. Going for medical tests could help lower your premium. The healthier you and your lifestyle are, and the more we know about you, the lower your monthly premium.

For more information about life cover, visit: https://www.oldmutual.co.za/personal/solutions/life-and-disability/

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