Life Insurance

Life or Term Life Insurance pays out a lump sum if you die before a pre-agreed date (the term).

With Term Life Insurance the life you're really insuring is yours to provide for your family and dependents if you weren't around, with the lump sum being enough to provide for your family's long-term financial requirements.

Whilst we all hope that you never have to call upon this type of insurance it's also very important that you receive advice regarding the level and type of cover that you may require from someone qualified to do so.

In the event you need to claim life insurance, you can nominate whether you would like the insurer to pay an ongoing annual payment to make sure you live in the way that you’re accustomed. The alternative is simply making sure all the debts of the deceased are paid off. This can influence your monthly premium.