Life Insurance
Term Life Insurance is designed to pay a lump sum if the insured person dies or is terminally ill to:
To repay debts To cover capital gains tax liabilities To cover dependants from the loss of income provider To secure a business
Summit can assist by assessing your Life Insurance needs using their unique quoting system.They are able to access over 15 insurance companies to compare your needs with their products.
Life Insurance can provide your family with a lump sum payment to help them maintain their financial position in the event of your death. Life Insurance offers financial protection for your family at a time when they shouldn't have to think about money. In the case of death, or if the insured is diagnosed with a terminal illness and has less than 12 months to live, the dependents receive a lump sum payment.