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What is Life Insurance?

Life insurance pays a lump sum to the Policy Owner or nominated beneficiary in the event of your death.

The features of Life Insurance

include but not limited to:

cover costs such as funeral expenses, legal fees associated with the implementation of Wills and Government charges
repay debts such as home mortgages and personal loans
provide a lump sum to replace income. The lump sum can be used to establish an income stream to support family/dependents.
provide for the ongoing need to provide housekeeping and child minding in the event of premature death. The lump sum can also be used to generate replacement income for a spouse in the event they take time off work.