Insurance
You can choose from a number of different insurance options. These include:
- over 50s plans
- Term Life Insurance
- Whole-Of-Life Assurance
You'll need to pay into some of these plans for a fixed term. Others will need you to pay into them for the whole of your life.
You should think about how much cover you'll need and how long you want to be covered for.
Insurance schemes provide a fixed sum when you die but you should look at the terms to see how much is payable on your death, and how much you're paying in over time. You might want to use a life expectancy calculator to get an idea of the length of time you might be expected to pay.
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