Level Term Assurance
Level term life insurance
Level term life insurance is sometimes known as Term Assurance or simply Life Insurance.
You can take this type of life insurance on your own, or with somebody else as a joint plan.
You choose the amount of cover you need and the length of the plan. The level of cover remains the same throughout the plan term and usually so do the premiums you pay. The plan has no cash-in value at any time.