Term Assurance is the most basic form of financial protection. The policy provides a lump sum on the death of the life assured within the term, this is, the number of years of the policy.
There are many reasons why Term Assurance cover should be considered, including:
- To protect your family and loved ones from financial hardship.
- To protect liabilities such as a Spanish mortgage.
- To protect friends or relations by taking out a policy on the life of another person.
- For short-to-mid-term inheritance tax liabilities.
The policy can be altered to suit your specific needs you select the term and sum assured, taking into account affordability.
Once your policy has been approved and is active you will not have to provide any updates with regard to your health, so you can relax knowing that your protection is in place.
To find out more please do not hesitate in contacting us to discuss your individual needs.
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