Life Cover

Life Cover is an insurance product that enables you to leave behind money for your family in the event of your death.

This can be used to support them financially for a number of years, to replace the household income which has been lost due you your death, or it can even be used to pay off a large debt such as your mortgage to make the ongoing household bills more affordable for your family.

You pay a monthly premium for Life Cover which is dictated by your age, health, lifestyle and how much cover you need, as well as the type of policy you have. The different types of cover are either a decreasing term which reduces in line with the mortgage over time or it could be level term which means the amount of cover remains the same throughout the full duration of the policy.