is interchangeable with life insurance.
enables you to financially support your family and loved ones in the event of your death. It is a subject that nobody likes to discuss but
can provide you with peace of mind, your family and loved ones will be financially secure in the event of your death. Life assurance will pay out a cash lump sum if the person insured dies or is diagnosed with a terminal illness during the term of the plan.
It doesn't have to be expensive because its completely your decision about what sum assured you would like to leave behind.
You may like to leave a cash lump sum to provide cover for:
The cheapest and most basic form of life insurance is term life insurance where you will be covered up until a specific date set by you; perhaps up until the date when youve paid off your mortgage.
Want to know more? Why not read our life insurance guide