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What is Term Life Insurance?

Term Life Insurance provides your loved ones with a lump sum upon your death or diagnosis of a terminal illness such as incurable cancer.

Term Life Insurance gives your family a fighting chance and the freedom to choose a more financially secure future at one of life’s most difficult and challenging times.

Things that Term Life Insurance Covers:

  1. Death
  2. Terminal Illness

Common terminal illnesses include breast cancer, prostate cancer, lung cancer, skin cancer(s), myeloma/leukaemia,
heart attack, and stroke.

 Available Premium Options

Stepped Premium

A Stepped Premium is based on the policy holder’s age and increases as you get older. The stepped premium option is generally more affordable in earlier years when the policy holder is younger and less affordable in later years when the policy holder is older.

Level

A Level Premium is based on the average policy premium and is not linked to the life insured’s age. The level premium option is usually a less affordable in earlier years when the policy holder is younger but a lot more affordable when the policy holder is older.

The right amount of term life insurance cover really depends on each person’s individual circumstances, financial position and current life stage.

With the help of our expert team you can obtain the most appropriate level of cover for your individual needs without the hassles or the headaches.

Terminal Cancer accounts for approximately 54% of all Term Life Insurance Claims.

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