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Suitable for Protection of Dependants
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Single parent age 30-1 child |
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Married couple both 32 no children? ( If the loss of
one income would cause hardship) |
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Married couple in their 30's with 2 children aged 5
& 8 |
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Married couple in their 40's with 2 children at
school/university |
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Married couple in their 50's? (Perhaps for loan
protection) |
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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. |