Personal Loans : Secured Loans : Mortgages : Insurance

Life Insurance

Investment-type life insurance pays out if you die and if you don't. Whilst we all like the idea of a payout these type of investment policies usually cost a lot more than protection-only insurance. It is probably advisable to rethink before opting for this kind of insurance as it could be better for you keep your insurance and investment needs separate.

Some examples of investment life insurance are: whole of life insurance, with profit bonds, unit linked bonds, income and growth bonds, endowment policies

Non-Investment Life Insurance pays out if an unforseen death occurs during a specified term the lender will pay out. This type of insurance is much cheaper than investment type.