Level Term Assurance Policy

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  • What is Level Term Assurance?

    Level Term Assurance is a type of life insurance policy that pays out a fixed sum of money if you die during the policy’s term (length of time). It is designed to provide financial security for your family or dependents if you pass away before the policy ends.

  • What is the difference between Level Term Assurance and Whole of Life Assurance?

    The main difference between Level Term Assurance and Whole of Life Assurance is that Level Term Assurance only pays out if you die within the term of the policy, whereas Whole of Life Assurance pays out whenever you die, regardless of when it is.

  • How long can I take out a Level Term Assurance policy for?

    Level Term Assurance policies depend on the insurance provider. Generally, the longer the term, the higher the premiums will be.