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Quick Wins with Life Insurance

The Meaningful Money Personal Finance Podcast

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How Long Is the Sum Assured?

The term remaining on the policy is really important to know, because it may or may not have any bearingon your current circumstances. Yas waver of premium that's a something that we're supposed to know about, but a lot of people don't. Take a little bit of extra insurance to say actually, if i'm unable to work and my income has stopped, the insurance company will pay the premium for you. This is probably called premium protection. And this assi doesn't cost a lot of money. Soe either is a summer shured level, so it stays level for the whole term, or is it decreasing? That makes a really big difference.

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