Pension Term Assurance
We all know taking out Life Cover is a good idea, but sometimes with all the other demands on your income such as mortgage payments, utility bills, holidays, school fees, the weekly grocery shop… it can be hard to see how to budget for Life Cover.
However, there is a solution available that delivers the peace of mind that comes from knowing that these expenses can be covered should you die. In fact, it can cost up to 40% less than a regular Term Assurance policy.
Its name… Pension Term Assurance. Quite simply, this is a Term Assurance policy that is structured to use the tax relief that is currently available under Pensions legislation, and you don’t even need to have a Pension plan to benefit from this type of policy! You can avail of the benefits of Pension Term Assurance and protect your family and their financial security provided you are:
- Self-employed
- Working in non-pensionable employment