This policy is a very important tool to have, especially if your health is vulnerable due to a current condition or illness. The policy will pay out to the beneficiaries if you pass away and the benefit amount that would be released can either be paid as a lump sum or as a monthly payment, this decision is solely down to you. With this cover, whilst protecting you and safeguarding your family financially, you also have the peace of mind that if you were to pass away, your bills, debts and mortgage payment would all be covered.
There are a range of benefit options available with life insurance. If your health is at a higher risk due to a current illness or condition then the critical illness benefit would be a helpful addition. We will pay a benefit amount to the beneficiaries if the policy holder were to be diagnosed with a critical illness. This could help you and your family financially if anything happened to you.