CP Insurance Services is a trusted insurance specialist in the Melbourne providing a wide range of services. Now you can get competitive life insurance quotes with multiple benefits like flexible repayment and maximum coverage with our help. We work with the top life insurance companies in the country and offer expert advice on various plans you can choose from. As a life insurance policy is a long-term commitment, you need expert advice that is honest and unbiased. Our knowledgeable insurance brokers can help you check and compare every plan to ensure that it meets all your specific requirements.
Life insurance is an agreement between an insurance company and an individual that in the event of the person’s demise, the nominee will get a lump sum amount. The amount is decided at the start of the policy and is the basis of the premium that the company charges in instalments from the insurer. In case of any unfortunate event, the insured person’s family receives the agreed sum, which provides a crucial security net in such challenging times.
A real-life insurance policy is essential for securing the life and financial freedom of your family members in case of your death and/or critical illness. The lump sum payment or regular income helps your family meet their financial obligations, and pay off debts or various online/recurring expenses. This is especially important if you are the sole breadwinner or have dependents who cannot work due to age or infirmity.