What is life insurance?

Despite what others would have you believe, life insurance is really pretty simple. You pay a monthly fee, and if you die a lump sum of money (we call this your ‘payout’) is paid to your legal next of kin.

Where it can get a bit more complicated is with conditions and exclusions, with some companies having many pages of these in their terms and conditions. We try and keep exclusions to a minimum to keep it as simple as possible, see a list of these here.[/vc_column_text]

in Life insurance
Helpful?
Updates & Legal gumph
Current Version 2.1
DeadHappy
  • Added
  • Hey Bowlhead video
  • Updated
  • Lifeline guarantee extended to 10 years.
  • Plan RulesView Rules
  • Improved
  • Life insurance acceptance for mental health issues
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