Swine Flu Scare Has Customers Taking out Life Insurance

H1N1 virus has people rushing to get life cover People have woken up to the fact that their families need adequate funds should they pass away

Critics of the World Health Organization's decision to raise the severity level of swine flu across the globe, may have forgotten the devastating effects of Spanish Flu that wiped out up to 100 million people in 1918.

While everyone is hoping that swine flu is not as bad as it was initially made out to be, there is still the chance that a pandemic could sweep across the world, killing literally millions of people.

With that in mind, South Africans should ask themselves the very real question of what would happen to their families if they were to die of swine flu tomorrow.

The sad truth of the matter is that the vast majority of South Africans do not have sufficient life insurance cover, especially when it comes to death and disability.

Statistics show that if the average person with life insurance were to die tomorrow, his family would need to cut their standard of living literally in half.

So what should South Africans do about life insurance, especially with the threat of swine flu over their heads?

The first thing is to contact a reputable life assurance company that will be able to make a thorough assessment of the customer's needs and offer a realistic premium quote.

Insurance experts advise South Africans to take out life insurance while they are still healthy, because they will have a much harder time finding a company to insure them if they fall ill.