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What is life insurance?

Life insurance is an insurance contract that pays out a lump sum of money to your dependants. It is there to provide financial reassurance that they will be looked after if you are no longer there.

How it works

If the worst were to happen, life insurance means your loved ones can receive a lump sum or a regular income after you are gone.

  • This could cover bills such as funeral costs, pay off debts or mortgage payments.
  • The cost of life insurance is based on several different factors such as age, health status, your lifestyle and income.
  • Everyone’s circumstances are different, so it is recommended you speak to one of our protection advisers to discuss the right policy for you.

To find out if life insurance is right for you, speak to one of our protection advisers today who can work with you to find the most suitable policy for you.

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