Life insurance is a way of helping your family cope financially upon the death of an insured person. It is intended to provide financial assistance to your loved ones when they can't rely on your salary or income any longer. The payout can be used to clear debts, pay off mortgage or just cover everyday expenses.
The duration of the financial obligations you want to cover will generally determine how long your term life insurance policy should last - Therefore you would want the policy to continue until your last major obligation is taken care of.
Term life policies are generally sold with terms of 5, 10, 15, 20, 25 or 30 years.
Other benefits also include:
Severe illness cover (eg. cancer, stroke and heart disease)
Funeral cover (Click here to make use of our calculator for immediate cover)
We also offer a wide range of additional investment products, tailored to suit your needs.