Pays a lump-sum and/or a monthly tax-free income in the event a life insured passes away or is diagnosed with a terminal illness.
Designed to leave family members or loved ones with a debt free home, an on-going household income to cover running costs such as monthly bills and education for the children.
Life insurance gives you options and time to make a decision about staying in the family home, going back to work or staying at home to look after the children in the event of losing a spouse.
Who should have life insurance?
Anyone with a mortgage or other debt, anyone with dependents reliant on their income.