Term Life Insurance

Pay your Debts on Death

Decreasing life insurance, typically taken out to pay off a reducing debt, such as a repayment mortgage or loans in the event of death, is the most common form of term policy taken out. Level life insurance is typically taken out to cover interest only mortgages, credit card balances and to leave money to provide for a family on the death of a wage earner, though this often may not be the best insurance for family protection.

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