Company Information
What is life insurance?
Life insurance, or life assurance as it is correctly referred
to, is a way of providing financial protection should you
die. There are many providers of life assurance and these
policies can pay out either a lump sum or a regular income
payment upon death. The amount of cover that you decide
upon is known as the sum assured.
The proceeds of a life assurance policy can provide an
income or lump sum for your dependants, or pay off any outstanding
debts, such as a mortgage.
With each life assurance policy you pay a monthly or annual
premium to provide cover for a specific period of time or
until death, whenever that may occur.
Life assurance policies provide a choice of options that
can be included at an extra cost, such as critical illness
cover and waiver of premium:
