Life Cover
Ensuring your business and your loved ones are taken care of if you die.
Life Cover provides a lump sum payment if you or a key person in your business dies or is diagnosed with a terminal illness. It is paid to help protect your interests in the business, for instance to reduce debt, hire a replacement person or to prepare your business for sale.
We have two types of Life Cover:
• Life Cover
• Level Life Cover that keeps your premiums at the same rate for 15 years at a time, to age 65, to age 70, or to age 80, making it easier to budget
Life Cover has the flexibility to adapt as your business changes, with the ability to increase your level of cover without any medical underwriting. Plus, it has a funeral benefit to help with funeral costs should the worst happen.
