Whether you are looking to take out a home loan, or to safeguard your loved ones, our protection products are tailored to suit your individual needs.
This Plan is designed for protection where a decreasing lump sum is required to provide financial support in the event of death, as in the case of a mortgage repayment or other loans where a debt is repaid over time.
The insurance cover decreases annually throughout the period of insurance
Decreasing term may be used where liabilities reduce over time as in the case for a mortgage
It pays a sum, dependent on year of claim to the beneficiary upon the death of the Life Insured that occurs during the term of the policy
Decreasing term is less expensive than a level term cover
This Plan is designed to provide a fixed life cover in the event of death of the Life/Lives Insured for the duration of the Policy.
Level term offers a fixed insurance cover throughout the period of insurance
Level term may be used to cover a mortgage, debts that will not decrease over time and to financially protect you and your loved ones
It pays a fixed sum to the beneficiary upon the death of the Life Insured that occurs during the term of the Policy
A level term cover tends to be more costly than a decreasing term cover
Atlas will not provide any advice or recommendation on what insurance cover best suits your needs and requirements but will provide you with all the necessary information about the significant features, benefits, limitations and exclusions of the products which will assist you in making your decision.
Do you need to learn more about our policies and key features?
You can download the documents here, or get in touch with us to learn more.