If you require life insurance for your parents, one of our advisor's would request to speak with your parents to confirm they are happy to proceed and let you arrange their cover. If your intentions are to pay for the cover yourself you may be asked for proof of identity. Your parents would be required to answer the health questions, check and sign all documents. We are happy to help you every step of the way to make it as simple as possible.
Life insurance for your parents would pay out a lump sum should they pass away. There are many other additional benefits payable with this policy cover.
Most children commonly take this cover because of the fear of funeral costs especially if their parents have no savings which means you could be left wondering where the money will come from to give them a funeral that is fitting for them.