Your Life Insurance
Policies can either cover one life (single life) or two lives (joint life).
In the case of joint policies, the policy will cease following a claim on either life.
Critical illness cover covers you for serious illnesses from which you may recover.
You need to choose a policy 'term' – the number of years you will be protected by the policy. This should align with your financial obligations and needs. Note that most insurance companies will only quote for terms that end before you reach 85.