Life Insurance
Protecting your loved ones and your future
Life insurance provides a financial safety net in the event of your death, helping to secure your family’s future and cover essential expenses. It’s an important consideration whether you have a mortgage, dependants, or other financial commitments.
Even if you already have cover, it’s important to review your policy regularly, particularly after major life changes such as moving home, starting a family, or taking on new financial responsibilities.
Is life insurance right for you?
Life insurance may be a suitable option if you want to ensure your loved ones are financially supported in the event of your passing. It can help reduce the financial burden during an already difficult time and provide peace of mind knowing key expenses are covered. Life insurance may be right for you if you:
- Have a partner or dependants and want to provide ongoing financial security for them, helping with everyday living costs, education, and future needs.
- Want to ensure your mortgage or rent is paid, allowing your family to remain in their home without financial stress.
Wish to cover funeral costs or other end-of-life expenses, so your loved ones are not left with unexpected bills or financial hardship.
Term life insurance
Provides a tax-free lump sum if you pass away during the policy term. Commonly used to protect temporary financial commitments such as a mortgage, personal debts, or funding children’s education, helping ensure your family is financially supported if the unexpected happens.
Mortgage protection insurance
Designed specifically to repay your mortgage if you pass away during the policy term. By removing this major financial commitment, it helps your family remain in their home without the pressure of ongoing repayments.
Whole-of-life cover
Offers lifelong protection, with a guaranteed payout whenever you pass away, provided premiums are maintained. Often used to cover funeral costs, support estate planning, or leave a financial legacy for loved ones.
Review your cover
Our advisers will help you assess your existing policies and ensure you have the right level of protection for your current circumstances. Capricorn’s Protection Team can guide you in choosing the most suitable life insurance.