Life insurance is often used as a generic term to refer to a suite of insurance products to cover you and your family if you die or have a significant health event.
Most people associate the term life insurance with a policy which pays money when someone dies. However, in its broadest meaning life insurance also includes a suite of insurance solutions that provide protection for events which can occur while you are alive.
This guide provides an overview of the different types of life insurance, as well as tips for buying and managing your life insurance.
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This information is intended as general information only and does not constitute legal advice. It is not intended to replace existing legislation, regulations, or regulatory guidelines. Whilst its legal accuracy (where referring to legislation) has been confirmed, some aspects are open to individual interpretation. Any conflict should be construed in favour of the applicable legislative requirement, with further legal advice sought.
The FSC and its employees make no express or implied representations or give any warranties regarding this information and we accept no responsibility for any loss, damage, cost or expense (whether direct or indirect) incurred by you as a result of any error, omission or misrepresentation in this information.