Life Insurance

There are many different types of life insurance.

Term Assurance – this pays out a lump sum in the event of death within the term of the policy.

Increasing Term Assurance – this aims to pay out a cash sum that is protected against inflation if you die whilst covered by the policy.

Decreasing Term Assurance – the plan is designed to protect a repayment mortgage.  The cash lump sum decreases over time and pays out should you die within the term of the policy.

Family Income Benefit – this plan provides a monthly benefit if you die while covered by the policy. 

Whole of Life – this pays out a lump sum in the event of your death.