Term Assurance

Protect Your Family with Life Term Assurance

By having life term assurance cover you can protect your family from debt, give money to an heir or even donate to charity. Your life term assurance can also help by providing money to pay for funeral expenses, medical bills and other expenses accumulated during life that could be left behind for family to pay. Term assurance is basically insurance on a person's life within an agreed amount of time. If the person dies within the term of the contract, then money will be paid out.

Level Term Life Assurance

Under level term assurance the sum assured, (life cover), remains the same rate for the duration of the contract. Term Assurance is the most commonly used form of life assurance cover. The premiums for a given sum assured are often very low when compared to other types of life assurance.

Increasing Term Life Assurance

Increasing the sum covered by your life assurance by a regular amount each year, allows you to maintain the real value of your life assurance protection. Increasing term assurance increases automatically each year, regardless of your state of health at that time. Your contribution to the life term assurance policy will increase each year to reflect the increased sum assured. If the sum assured is increasing by 5%, the premium will increase by more than 5% to cover not only the increase in benefit but also the fact that you are one year older.

Life Assurance Application

If you would like to enquire about either level term life assurance or increasing term life assurance, click the enquire now button below and fill out our online form. This will only take a few minutes to complete and your life term assurance can be set up instantly.