What is Life Insurance?

This type of Personal Insurance is the most popular and economical form of Life cover that you can choose.
It provides a cash lump sum to your loved ones in the event of your death or the diagnosis of a terminal illness.

Why do you need Term Life Insurance?

Obviously this depends on your personal circumstances and everyone is different. Most people need to protect the financial security and well being of their family and dependants, particularly at the time when it is most needed.

Life Insurance pays a lump sum which can be used to:

1. Pay off the mortgage and any other debts which may affect your family’s financial future.
2. Pay for childcare or home help to aid the remaining partner.
3. Maintain day to day living expenses, including health costs and school fees.
4. Provide investment income should the remaining partner be unable to or choose not to
work or only work part time.

Can you take out Life Insurance to protect a mortgage debt?

Yes, this is one of the most frequently asked questions and a critical issue to consider for the financial security of your famly or partner with a responsible debt reduction strategy. Please click below to obtain a quotation or to submit an obligation free application.

Can Life Insurance be taken out in our business?

Yes. Business partners often secure business succession plans with Life Insurance to protect their equity. It is critical when there are business debts to deal with. This protection is commonly referred to as a “Buy-Sell Insurance” or “Key Man Insurance”. These business situations usually require one to one personal advisory services. We can assist you with specific insurance, taxation and legal issues, by appointment to a specialist advisor.