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Life Insurance Product Guide

Level Term Assurance

Level Term Assurance pays out a tax-free lump sum on the death of the life assured during a specific ‘term’.

Decreasing Term Insurance

Decreasing Life assurance or mortgage life assurance is a term assurance product where the amount of cover decreases over the period of the policy.

Family Income Benefit

Family Income Benefit will pay out a chosen amount of income not a lump sum. It is designed to replace any income lost through the life assured death. The amount paid will be tax free for the period of the policy.

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