Term Life is our comprehensive life insurance product, and so it’s the best way to provide for your dependants if you die while they're still reliant on you. They will receive a lump sum payout to cover funeral costs, help to pay off any debts like a mortgage or credit card bill and cover living costs. Or the payout could even provide a nest egg for your children. Term Life is available to people aged 16-59 and offers you these benefits:
Full comprehensive cover on acceptance
If you’re diagnosed with a terminal illness you’ll receive your payout early – so you can enjoy it in the time you have left
Your cover level will be adjusted to keep up with inflation once a year to ensure your insurance cover won’t leave you short
Option to have $5,000 paid out early to cover the immediate cost of the funeral
No lengthy, complicated forms to complete
Short, simple medical and lifestyle questionnaire to answer
Your policy will continue to cover you for as long as you want it to
Premiums are reviewed annually to account for your age and inflation adjustments to your cover level