Term life insurance protects your family by providing a lump sum should the covered events happen. Unlike other policies, term life insurance only provides coverage for a fixed period of your choice.
During the term of your policy, you pay a monthly premium. In return, the term life insurance plan protects you and your loved ones should unforeseen circumstances happen.
Term life insurance may be the option for you if you only need coverage for a set period of time, or are not ready to commit to the premiums of a whole life insurance plan.
We are able to offer a flexible solution with a plan such as ManuProtect Term (II) that is convertible to whole life insurance. This ensures your protection can keep up with your lifestyle when you are ready to commit. If you have a home that you are still financing, a decreasing term insurance such as ManuProtect Decreasing (II) can financially buffer the mortgage with diminishing coverage, ensuring that you are covered for what you really need.
Find out more about our Term Life Insurance plans below.
As you can see, there are several different options available, depending on your circumstances. To find out more, speak to one of our Financial Consultants today.
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