Life cover, also known as life insurance, provides financial protection to your loved ones in the event of your death. The policy pays out a lump sum or regular income to your beneficiaries, helping them cover various financial needs. Common aspects covered by Life Cover include: Mortgage or Debts: The payout can be used to settle any outstanding mortgage or debts, ensuring your family isn’t burdened with financial obligations. Living Expenses: It can contribute towards day-to-day living expenses, providing financial support for your family’s ongoing needs. Education Costs: The funds can be allocated to cover education expenses, ensuring your children’s educational needs are met. Funeral Expenses: Life cover can help with the costs associated with funeral arrangements and related expenses. Having life cover in place ensures that your family has a financial safety net, helping them maintain their quality of life and meet financial obligations during challenging times. The specific coverage can vary based on the type and terms of the life cover policy you choose.