This guide gives you an overview of how a life insurance policy works & explains some of the options you can choose according to your circumstances.
Life insurance protection can provide important financial security for your family in the event of your death. Without sufficient life cover, early death can cause problems sustaining your loved ones standard of life as a result of loss of income. Money may be required to care for ongoing family living expenses, outstanding debts, funeral costs and tax liabilities.
A term life insurance policy can pay out a tax-free lump-sum, or regular income, to protect your loved ones financially, should the worst happen within the specified term. Consider the options below to see which meets your own personal requirements.
Find out more about life insurance policies, including: