Student life is complicated enough – don’t let any adult tell you otherwise! You want to make a difference and find your true purpose in this world, but on a daily basis, you are struggling to stretch your measly allowance, you have demanding assignment deadlines and tough exams to deal with. Ugh.
Did you know that insurance is a way of preparing now for the future, and protecting yourself from financial loss as best you are? In truth, you have much less to worry about in your path of fulfilling your big ambitions, thanks to insurance! The sooner you are protected against freak accidents, the sooner you can be assured that nothing, and I mean nothing, can stop you from achieving your dreams.
We searched far and wide for the best Life Insurance deal, and we are encouraged that UForLife Term Life Insurance is the one for you!
These are 5 things to know about UForLife Term Life Insurance as a student;
1. UForLife Term Life pays an agreed cash lump sum of RM100,000* on death of insured persons, and RM200,000* for death caused by accidental causes. Cash lump sum may then be used to provide loved ones necessary financial safety net should students suffer a fatal blow.
2. UForLife Term Life pays an agreed cash lump sum up to RM200,000* on Total Permanent Disability. Total and permanently disabled students may no longer be able to find work in the same capacity when they graduate, due to unforeseen permanent sickness or physical injury. Students like yourself may then use the cash lump sum to pay for their student loans, car loans or take care of ageing parents.
3. UForLife Term Life does not pay cash lump sum to insured persons in the event that they suffer from personal injuries by accidental and violent causes.
4. UForLife Term Life is best suited for students who require substantial amount of life cover at an affordable entry price, given that they are most likely to have newly established student and car loans, with a need to support and fund these obligations for many years to come.
5. If you are a student, it is encouraged to obtain Life Insurance when you are young and healthy, as premiums are extremely affordable – In fact, UForLife Term Life costs as low as RM9.85 per month! Bear in mind your premiums will increase as you age.
There you have it – your dreams protected by UforLife. Now, go get em tiger!
*Applies for UForLife Term Life Insurance with Sum Assured RM100,000