Term life insurance is a life insurance protection policy which provides a lump sum or monthly benefit paid to the beneficiary in the event of death during the term of the policy. A term life insurance policy is over a fixed period with normally a guaranteed or re viewable premium paid by the life assured on a monthly or annual basis. Term life insurance can be taken out to cover a mortgage or loan and is normally set up to benefit the remaining family in the event of the life assured death. Term Life Insurance can be taken out as a personal cover or paid for by your company which can be more tax efficient.
For further information on Term Life Insurance and quotations, please contact us on 01274 515747 or email us at firstname.lastname@example.org.