In recent years life assurance premiums have been falling and you may now find that you are paying more that you need to for the same level of cover. At Money for Life we offer a range of life assurance and critical illness products and can quickly find the right policy for you.
Term assurance is a life assurance contract which will pay out a fixed sum of money, should you die during the term of the contract in return for a fixed monthly or annual premium. This will help you to protect your dependants against financial problems in the event of your death.
A critical illness policy will guarantee a tax free lump sum payment should the life assured become critically ill or dies within the term of the policy, which ever comes first. As with term assurance, critical illness premiums are fixed for the term of the policy and are payable on a monthly or annual basis.
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