It’s important to plan for the worst case scenario – what would happen if you were injured or critically ill, or if you died?
Life insurance is a straightforward and affordable way of providing family protection to make sure that your family and loved ones are financially secure in the event of your death.
A life insurance plan pays out a cash lump sum if the person(s) insured dies during the term of the plan. The lump sum can be used to provide financial support to your family and loved ones, who might otherwise struggle to pay the mortgage, bills and other living expenses without your income.
Having the right level of life assurance in place gives you peace of mind and your family a financial safety net if they ever need it. There are different types of life cover, so it’s important to pick the right type for you.
Critical Illness cover is designed to pay a lump sum on diagnosis of a critical illness, such as cancer. It can be used to replace lost income, or to pay for medical fees/treatments. Critical illness cover allows you focus on getting better without worrying about money.