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What Is Life Cover?

Jun 01

Life cover is an effective way of securing your loved ones peace of mind. It ensures that your loved ones have a means of financial security in the event of your premature death.

In the event of your death, a lump sum or replacement income is paid to your beneficiaries to enable them to cope with the financial loss. Plans can be set up on a set term (term assurance) or ‘whole of life’ basis. It can also be set up on a pension term assurance basis ensuring that the premiums qualify for tax relief.

We will guide you on the level and type of life cover appropriate for you.

ODM Financial Advisers is completely independent and we will source the most competitive life cover premiums.


July 2024
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