Terminal Illness Life Insurance Policy

17 April 2024

Karen acted for a terminally ill man who had worked in a bank for his entire career. The bank was in the process of changing its policy around long-term sickness and life assurance. If our client was put onto the new plan his young family would not have been able to be financially secure once he had died. We negotiated with his employer to ensure that he was kept on the old scheme terms so that when he sadly passed away his wife and children would be able to remain in the family home given the extent of the payment upon death in service.