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Life Insurance
A life Assurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime.
Product Information
A life Assurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime.
Types of Life Assurance
Many different types of life Assurance are available to meet all sorts of needs and preferences. Depending on the short- or long-term needs of the person to be insured, the major choice of whether to select temporary or permanent life Assurance is important to consider.
Term Life Assurance
Term life Assurance lasts a certain number of years, then ends. You choose the term when you take out the policy. Common terms are 10, 20, or 30 years. The best term life Assurance policies balance affordability with long-term financial strength.
Permanent Life Assurance
Permanent life Assurance stays in force for the insured’s entire life unless the policyholder stops paying the premiums or surrenders the policy. It’s typically more expensive than term.
Premium can be paid through the following channels:
- Complete a direct debit form
- Complete a standing instruction form with your bank
- Electronic transfer from your account to our account
- Deposit into our bank account
- Please include your name and policy number on all payments.
* Please do not pay cash to/through our Financial Advisor or staff.
