Life assurance

Life assurance pays out a certain amount of money when you die or if you develop a terminal illness during the policy term. If there are people who depend on you financially, taking out a life assurance policy can make their lives easier by helping to pay off your mortgage.

The amount you pay in premiums, usually monthly or annually, will vary depending on

  • Your age, sex, occupation and lifestyle (e.g health and smoker status)
  • The sum assured
  • The length or term of the policy.

These policies do not have a cash in value at any time.

Find your local advisor to discuss life assurance policies or to get a quotation.

 

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