Life Insurance

Life insurance pays money to your spouse or dependants or a named person when you die. It pays either a lump sum or regular income if you die during the time limit set out in the policy. The cover is either whole of life or for a specific term.

Your age, health, smoker status and family medical history will affect your eligibility and the cost.

*For example If you take out a policy on your life for 200,000 over 20 years. This means if you die Within 20 years, the policy pays out 200,000 to your named person, after a death certificate is produced. If you do not die within the term of the policy, in this case 20 years then no benefit is paid out and the policy ends.

*This example is used for illustration purposes only.