Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.
There are different kinds of life insurance such as whole-of-life and term assurance. We explain what the different policies are, how they work, and when to get a quote to find the best deals.
Term life insurance provides coverage for a set period of time, typically from five to 30 years. The insurance company pays a benefit to your beneficiary if you die within this term.
Universal life insurance is a type of permanent life insurance that may offer adjustable premiums and an adjustable death benefit. Learn its benefits!
Fast Facts: ; Employers must sign up for this insurance type for their employees; individuals cannot take out relevant life insurance policies ; A good option for smaller businesses or high-earners/directors ; Tax incentives for both employer and employee ; Similar assessment process to traditional life insurance schemes
Universal life (UL) insurance is permanent life insurance with an investment savings component.
Supplemental life insurance offers an extra layer of protection to your already existing policy. Learn how it works and how to get the right amount of coverage.
Life Insurance Companies ; LV= » ; Aviva » ; Zurich »
Supplemental life insurance is designed to enhance or complement existing life insurance. See if supplemental life insurance is right for you.
Life insurance is an essential investment to secure your future and of your loved ones. Here’s a comprehensive guide on what it means, types, benefits.