Life insurance is a contract between an individual and an insurance company in which the insurer agrees to pay a designated beneficiary a sum of money upon the death of the insured person. This financial product provides a safety net for your loved ones, ensuring financial stability and covering expenses such as debts, mortgages, and living costs in the event of your passing.
1] Death Benefit: The amount paid to beneficiaries upon the insured’s death.
2] Premiums: Payments made to keep the policy active; can be fixed or variable.
3] Cash Value: A savings component in permanent policies that grows over time and can be borrowed against.
4] Riders: Additional coverage options that can be added to a policy, such as disability income or critical illness riders.
Welcome to Lahs Insurance, your trusted partner for comprehensive insurance coverage. We understand that life is full of uncertainties, and our mission is to provide you with peace of mind by safeguarding what matters most to you.
Financial Security: Ensures your family’s financial stability in your absence.
Debt Coverage: Pays off debts such as mortgages, loans, and credit card balances.
Income Replacement: Provides a steady income for your family to maintain their lifestyle.
Funeral Expenses: Covers the cost of funeral and burial expenses.
Inheritance: Can serve as an inheritance for your heirs.
LAHS INSURANCE
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Your Peace of Mind, Our Priority!