Our Life Insurance also is known as 'term insurance' because it runs for a specific length of time, specifically between 5 and 45 years.
Other types of life insurance will keep running as long as the premiums are being paid, potentially for the rest of the customer's life. This is known as 'whole-of-life assurance'.
Other types of life insurance will keep running as long as the premiums are being paid, potentially for the rest of the customer's life. This is known as 'whole-of-life assurance'.