What is term life insurance?
Term life insurance is life insurance that is valid for an agreed term. If you die or become ill during this term, a payment will be made to your family.
Term life insurance can give you peace of mind that your family will be financially provided for in the event that you become seriously ill or die. As the policyholder, you will pay a set amount on a regular basis towards the policy for a set period of time. If you die or become ill during that time, payment will be made to the beneficiaries under the policy so that your dependents are cared for financially.