Life insurance is the most simple, popular and cost effective way of protecting your family or mortgage in the event of your death. If you were to die during the term of your policy then you would have the peace of mind that your family will be left with a lump sum of money for financial protection.
The cost of a life insurance policy is calculated based on your age, sum assured and whether or not you are a smoker. Other factors that will affect your premium include the type of policy (level or decreasing) that you are applying for and the length of time you wish to be insured for.
Level term life insurance ensures that you’re covered for the same amount of money for the length of your policy.
Whole of life insurance will pay out a lump sum to your loved ones whenever you die, regardless of when this happens.
Decreasing term life insurance is designed to pay off a repayment mortgage when the policy holder dies. It decreases in value over time as the mortgage repayments lower.
Family Income Benefit is a life insurance policy that pays an income to dependants on the death of the insured. The income is payable for the remainder of the policy term
Our insurance brokers offer insurance advice on a wide variety of types of insurance, more detailed information about the different insurance policies can be found below.