- Affordable monthly premiums
- Provides a fixed sum assured
- Payout up to £1,000,000
- Term up to 40 years
- Cover from 20p a day
Level term life insurance is a form of cover that provides your loved ones with a fixed lump sum pay out if the worst were to happen to you.
The sum assured (or pay out amount) and term length of the policy are specified at the point of application.
Unlike decreasing term life insurance, the sum assured with level term cover maintains it’s value throughout the term.
Regardless of how far into your policy you pass away, your loved ones will receive a fixed amount.
However, if the end of the term is reached before your passing, the cover expires and no pay out will be received.
Watch our short video on level term life insurance cover.