Life Insurance

Caring for your family’s future by ensuring their financial security is the main aim of a life insurance policy.

If you are the main wage earner or have the financial responsibility of taking care of loved ones, a life insurance policy can help to remove financial worries or stress in the event of your death.

Life insurance cover can help towards mortgage costs, healthcare or funeral costs. Some policies also payout in the event of serious illness. Our brokers will explore which type of policy you would like and find you comparable quotes from a range of insurers.

How Does a Life Insurance Policy Work?

You can contribute towards a life insurance policy on a monthly or per annum basis. You will choose the amount of cover you would like and the duration of the policy. Often, choosing a duration for your life insurance policy relates to the length of your mortgage, so if you die before the end of your mortgage period, your loved ones will not worry about making mortgage payments.

There are two main types of life insurance cover:

• Whole-life insurance – gives lifelong protection and guarantees a lump sum payment to your loved ones in the event of your death.
• Term-life insurance – provides cover for a fixed period of time and pays out in the event of serious illness or death.

Additional life insurance policies can be arranged for serious illness, mortgage protection or income protection. Just speak to our helpful brokers to discuss the right type of policy for your family’s needs.

Why Choose Mantra Insurance?

• We are independent – we offer life insurance products from a wide range of insurers and provide impartial advice to assist you in making the right choice.
• We are experts – with years of experience and understanding behind us, we offer clients expertise and assurance without any pressure to purchase a policy.
• We are understanding – many people take out life insurance during or after a life-changing event such as getting married, buying a home or having a child. We have the knowledge and empathy to ensure you find the right policy no matter what your life situation.

To discuss private life insurance, please contact us directly.