Life insurance typically provides a lump sum payout to your beneficiaries in the event of your death, which can be used to cover mortgage payments, living expenses, or future financial security.
While not legally required, life insurance ensures your mortgage is paid off if something happens to you, protecting your family from financial strain.
The amount depends on factors like your mortgage balance, income, and future expenses. Our advisors can help determine the right coverage for you.
Policies can be term-based (lasting for a set period) or whole life (covering you for your entire lifetime).
If you choose a level term policy, your premium stays the same. Some policies, like increasing cover, may adjust over time.
Yes, but your premiums may be higher. Our team will find the best insurers offering fair coverage.