Types Of Life Cover

There are broadly speaking two types of life insurance or life assurance as it is often known, policies that pay out in the event of death, and mortgage protection policies that deal with other scenarios such as unemployment and illness.

Life Insurance

This is the main area of mortgage protection and sometimes called life assurance, whereby an insurer pledges to pay out a sum of money to your beneficiaries when you die.

Life insurance products on offer include:

Mortgage Protection

The insurance industry now offers a raft of products for every eventuality, whether it be unemployment or injury. These can either guarantee the remaining mortgage is paid off or that you and your family receive a regular income.

Mortgage protection products on offer include:

See also: Life Assurance & Mortgage Protection

To start your search for a Life Insurance policy please see our Life Insurance Directory