Life insurance pays a lump sum on the death of the life insured whilst the cover is in place. Many policies also pay in the event of terminal illness. By obtaining life cover, you can ensure your debts will be repaid and dependants supported in the unfortunate event of premature death. This type of cover can help your family maintain its lifestyle and quality of housing as well as meet educational and other major expenses.

The premium rates are determined by factors such as: the amount of cover sought, age, sex, health and smoking habits and is guaranteed renewable on a yearly basis for the life of the policy.