Life Assurance

Family is important, and it’s always important to get expert advice to help you protect what matters for when it matters.

What is It?

A Term life insurance plan is the most basic form of life insurance. It’s usually the cheapest way to insure your life. This policy would cover you for a fixed period and pays out a one-off lump sum in the event of your death during the policy term.

With some term insurance policies, you can add additional options- for example, critical illness cover. If you choose this, the plan will pay out once a diagnosis of a qualifying critical illness.

Who Is It For?

This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period while keeping the cost to a minimum. Term assurance can protect your loved ones from the financial implications of a personal tragedy and is especially important if you have young children or dependents.

It can be used to cover a mortgage, other loan or also to ensure that your family is protected from the effects of debt repayment after the main income provider has passed away. As advisors we can assist you find the plan most suitable to your requirements.