MAYA Insurance Brokers Limited offers a comprehensive Life Insurance Policy to vast of its customers. Among the 5 most Frequently asked questions and top 5 things you should know while purchasing your Life Insurance plans are:

1. Q: What is life insurance and why do I need it?
   A: Life insurance is a type of insurance that provides financial protection to your loved ones in the event of your death. The death benefit can be used to pay for final expenses, outstanding debts, and provide financial security for your family.
2. Q: What are the different types of life insurance policies available?
   A: There are two main types of life insurance policies available: term life insurance and permanent life insurance. Term life insurance provides coverage for a specific period of time, while permanent life insurance provides coverage for your entire lifetime.
3. Q: How do I determine the coverage amount I need for my life insurance policy?
   A: The coverage amount you need for your life insurance policy will depend on several factors, including your income, debt, and the financial needs of your beneficiaries. It is best to consult with a financial advisor or insurance professional to determine the right coverage amount for your needs.
4. Q: What factors are used to determine my life insurance premium?
   A: Your life insurance premium is determined based on several factors, including your age, health, lifestyle, and coverage amount. The premium may also be affected by the type of life insurance policy you choose and the length of the coverage period.
5. Q: Is it possible to change or cancel my life insurance policy once it has been purchased?
   A: Yes, it is possible to change or cancel your life insurance policy, but the process will depend on the terms and conditions of your policy. It is best to speak with your insurance provider to determine your options and the steps you need to take to make changes to your policy.