Level or guaranteed Life Insurance
Standard life insurance policies increase in cost annually. Premium life is designed to be more affordable in the longer term as premiums are locked into your current age and do not increase over time.
The cost is calculated at the start of your policy and remains the same as you get older. Locking in your premium rate can save you tens of thousands of dollars over the lifetime of your life insurance policy and ensure your policy is still in force when you are older and you need it most.
Many of our clients have a mix of standard and premium benefits, in order to look after their short and long term needs.