Life Insurance Questions
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Life Insurance Questions
Welcome to the life insurance questions pages from the Financial Services Network. We have divided our answers up into the following subject areas:
- General Life Insurance Questions
- Different Types of Life Insurance
- Financial Planning - how Life Insurance fits in to the wider picture
- How much you should you insure yourself for?
- Life Insurance for Diabetics
- How smoking affects your life insurance premiums
- Other issuers relating to your health & lifestyle
What is life insurance?
Life insurance is a personal insurance plan designed to pay out a sum of money on the death of the policyholder. Variants of life insurance include policies which pay out a monthly sum instead of a lump sum (family benefit), policies which pay out on survival as well as on death (whole life), and policies which also cover the policy holder for critical illness.
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