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This type of life insurance policy is designed to pay out a relatively modest lump sum aimed at cover some or all of an individual’s funeral expenses for those customers over the age of 50.
The real attraction is the limited underwriting required, in some cases none at all but this is balanced with a waiting period before the cover is in place, typically either 12 or 24 months.
This is designed to deter those individuals who know they have a limited life expectancy from taking out insurance cover.
The policy is established on a whole of life basis with premiums either payable until death or in some cases up to age 90. This ensures the policy will payout at some point assuming all required premiums have been paid.
We will use your name, email address and contact number (‘personal information’) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with our employees, financial institutions who can assist in the provision of financial services and Tenet* as they are responsible for the services we provide to our clients and have a legal obligation to monitor our compliance.
For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy.
Email communications are not secure and for this reason Enduralife cannot guarantee the security of the email, its content or that it remains virus free once sent.
* Tenet means Tenet Group Limited, Tenet Limited, TenetConnect Limited, Tenet Connect Services Limited, TenetLime Limited, its associated companies.
We will use your name, email address and contact number (‘personal information’) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with our employees, financial institutions who can assist in the provision of financial services and Tenet* as they are responsible for the services we provide to our clients and have a legal obligation to monitor our compliance.
For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy.
Email communications are not secure and for this reason Enduralife cannot guarantee the security of the email, its content or that it remains virus free once sent.
* Tenet means Tenet Group Limited, Tenet Limited, TenetConnect Limited, Tenet Connect Services Limited, TenetLime Limited, its associated companies.