Products
Term life insurance
High cover, light premium, to look after the people you support
Free consultation on LINEPlans in this category
Coverage details and conditions follow the policy document. Some information is still being prepared — please ask us before deciding.
Why Term life insurance matters
Term life insurance is pure protection: because the premium is lighter than an endowment, you can build a large sum insured on a limited budget. It suits periods when you have people or debts depending on you — a family, children, or a loan. If you die within the policy term, the full sum insured is paid to your beneficiary.
High cover on a limited budget
Because it is pure protection, the premium is lighter than an endowment, so a large sum insured stays affordable.
Protects your family from your obligations
Suited to periods when you carry responsibilities — family, children, a mortgage or a car loan — so they are not left to carry them.
Eligible for tax deduction
Premiums on life policies with a term of 10 years or more can be claimed as a personal income tax deduction under Revenue Department rules [check the latest criteria].
Frequently asked questions
How does term life differ from an endowment?
Term life is protection only, with no maturity or survival benefit, so the premium is lighter and the same budget buys a higher sum insured. An endowment returns a lump sum at maturity but costs more.
Do I get money back if I outlive the policy?
No. Term life is pure protection — think of it as buying cover for the years when you carry obligations, at an economical premium.
Not sure which plan suits you?
Tell us your goals and your budget. We are happy to compare the options with you — free and with no obligation.