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LIFE INSURANCE
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Protect the things you value most.
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Life Insurance is a great way to help protect your family from the financial worries they could face if you were no longer around. Life insurance pays out a cash lump sum if you die within the term of the policy. Cover is usually on a level or decreasing basis.
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Level Term Assurance
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This will give you the same amount of cover throughout the life of the policy and will pay out that amount if you make a successful claim.
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Decreasing Term Assurance
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This is sometimes known as Mortgage Term Assurance – and will decrease over the term, usually to match your decreasing mortgage amount and pay out the current amount when a successful claim is made.
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