General Contractor Guide for Insurance

Do it Yourself Tips for Insurance

Basic Assurance (commonly known as Term Assurance) is a low cost way of providing protection against death during a specified period.

The Term Assurance industry is extremely competitive and over recent years rates have fallen significantly.

Whether your cover is to protect a mortgage, business loan, or to provide for family protection, it makes sense to pay as little as possible for your policy.

Whilst rates in general have fallen of late, there remains a stark difference in the rates charges by the different companies, as illustrated by the following table. The costs relate to a non smoking male, aged 34 requiring $100,000 of level cover over 20 years.