Life Term Assurance
Cover Your Life With a Fixed Term Policy
Like a Life Assurance policy, this is a way to ensure your family are protected should the unfortunate happen and you die during the term of the policy.
Unlike the whole of life policy, this policy is over a fixed period of time
What is a Life Term Assurance Policy?
Life Term Assurance is very similar to a Life Assurance Policy EXCEPT it is only valid for a fixed term rather than for the whole of life.
Should the policyholder die during the policy term, then the beneficiary/beneficiaries will receive a tax free lump sum or if desired, a monthly or annual payment, again tax free. However, if the policyholder has survived the length of the term then the policy is deemed expired and no pay out will be given.
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What we do
Our Services
Family Income Protection
A term insurance for regular financial support for terminal illness diagnosis or death
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