Level Term Insurance
A Level Term Life Insurance policy will ensure a lump sum is paid out on your death.
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Level Term Life Insurance
- Look after your family
- Protect your home
- Get Life Insurance advice
What is Level Term Insurance?
Level Term Life Insurance will pay out a lump sum upon your death, if you die within the specified term.
As the name suggests, the amount that you cover yourself for when you take out the policy will remain the same throughout the term. The monthly premiums you pay will also stay the same throughout the life of the policy.
It may be worth considering a Level Term Insurance policy if you have an interest-only mortgage, or perhaps you want to leave an additional sum of money for your family once your outstanding mortgage has been paid off.
Don't forget that Level Term Insurance policies have a certain life span - if you were to pass away after the term of the policy, your family would not receive any pay out.
