Life Insurance protects you and your family against unforeseen circumstances is something we believe everyone should consider with a life insurance plan. Whether it’s protecting against premature death, providing for dependent’s or protecting against the loss of earnings due to serious illness, Nexus offers a comprehensive range of personal life insurance options from term insurance to whole of life solution.
Life insurance is protection against financial loss that would result from the premature death of an insured. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. The death benefit is paid by a life insurer in consideration for premium payments made by the insured.