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What is Life Insurance?
Life insurance is a policy that pays out a lump sum if you pass away during the term of your cover. It’s designed to support those left behind—whether that’s your partner, children, or other dependents—helping them cover the mortgage, bills, or other financial commitments.
You decide the level of cover you need, and how long you want the policy to last. If you pass away while your policy is active, your loved ones receive the agreed payment, tax-free.
Types of cover
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A fixed payout amount for a fixed length of time—perfect for covering a mortgage or supporting family needs.
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The payout reduces over time, often used to match a repayment mortgage.
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Instead of a lump sum, this policy pays out a regular monthly income—offering stability during difficult times.
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Coverage that lasts for your entire life, guaranteeing a payout whenever you pass away.
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A tax-efficient way for businesses to offer life cover to employees or directors.

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