Chapter 01 – Introduction

Types of Life Insurance

Broadly speaking, there are five types of life insurance:

  • Life cover (this is sometimes called death cover);
  • Trauma cover;
  • Income protection cover;
  • Total and permanent disability cover; and
  • Business cover (for either business expenses or a key person in the business).

This guide is designed to be used both by advisers and by their clients. The guide provides a comprehensive, accessible description of the various forms of life insurance that you need to consider. If you are a client, please ask your financial adviser for more information if there is anything you wish to discuss.

The Dover Group