Term Assurance Life Cover is a straightforward life insurance policy that provides financial protection for a specified period, known as ‘term’.
If you pass away during the policy term, a lump sum is paid out to your beneficiaries, helping them cover expenses like mortgage payments, living costs or debts.
If you outlive the term, the policy ends without any payout. It’s ideal for individuals who want affordable cover for a fixed period, such as the duration of a mortgage or until dependents become financially independent.
Term Assurance life cover offers peace of mind that your loved ones will be supported financially if the worst happens.