What is it?
Life Insurance, also known as Life Assurance, is a long term plan designed to pay out a lump sum if you die within the term of the policy. The lump sum amount and length of cover can be chosen to suit your needs and affordability.
Why take out Life cover?
- To provide financial protection for your dependants in the event of your death.
- If you want to ensure that if you die, any outstanding mortgage/debt could be paid off.
- You have the flexibility to choose single or joint life cover.
- Premiums can be guaranteed or reviewed throughout the policy to suit your budget