Life Insurance is the simplest form of protection you can take out. It is a type of policy that provides financial protection for your loved ones in the event of your death or diagnosis of a terminal illness*. The policy usually pays out a lump sum to your beneficiaries, helping them cover living expenses, pay off debts, or achieve financial stability after you’re gone. Many people usually take this policy out to protect a mortgage, but thought should be taken to this type of policy even if you rent as it can help with bills and other expenses once you are no longer around.

 

Why Get Life Insurance?


Financial security for loved ones helps ensure that your family can maintain their standard of living after your death.


 

Cover debts and expenses

Life insurance can help clear mortgages, loans, and other debts, preventing financial burden on your family.

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Inheritance

Life insurance can provide an inheritance for your children or loved ones, helping to secure their future.

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Funeral costs

Life insurance can help cover the cost of your funeral, which can be a financial strain on your family.

 

 

* terms apply