Level Term Assurance Plan

A simple and cost effective insurance policy that provides a basic cover for a set number of years.

If you're considering this type of policy you should know:

  • It requires a regular premium payment
  • It pays out a lump sum on the policyholder's death
  • If the policy expires and the holder is still alive, no payment is made
  • The policy pays out only if you expire before it does

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Years

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