Suitable for Protection of Dependants

Single parent age 30-1 child

Married couple both 32 no children? ( If the loss of one income would cause hardship)

Married couple in their 30's with 2 children aged 5 & 8

Married couple in their 40's with 2 children at school/university

Married couple in their 50's? (Perhaps for loan protection)

As its name implies this plan runs for a fixed period determined at outset. The benefit is only payable on the death of the life assured within the term of the plan. If the life assured is still alive at the end of the term no sum is payable. The premiums reflect the fact that no payment is made at the end of the term.