Level cover Level Cover is a simple form of life insurance that offers a fixed cash payment to your beneficiaries upon your death. This payment can be used to cover living expenses or pay off debts. You can select the amount of cover you need and set a fixed monthly payment for the entire duration of the policy. If your circumstances change, you have the option to modify your policy to ensure your loved ones are better protected. Level term life insurance is a type of level cover that enables you to choose the coverage amount and policy length, with a fixed pay-out and premium for the policy's duration.
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