Making sure the people you care about the most are financially secure should the worst happen. It could mean they get to keep the property if you are not around by paying out a lump sum on death. It also provides both you and your family that peace of mind as well, from your part by making sure they’re looked after if you’re not longer around, but their part also knowing they don’t have to worry financially.
This policy will pay out a tax-free monthly payment if you are unable to work due to ill health or an accident and can help you cover the cost of your monthly mortgage payment and daily living expenses.
A policy that will pay out a lump sum if you are diagnosed with a defined critical illness during the policy term. What defines a critical illness? This could be a heart attack, some forms of cancer, strokes and many others, it may even cover you if you have a serious accident at work that gives you a physical disability.
An accident can impact on your health, but it can also damage your finances and affect how you and your family live. The idea behind it is simple: in the event of a serious accident, Injuries, medical services and treatment or hospitalization which impairs your ability to work, you and your family can be compensated for the loss of earnings. Different levels of cover are given to different types of injury and depend on the policy chosen.
