If your family relies on you, life insurance can help them keep up with the mortgage and bills after your death. Pelorus helps you compare term and permanent life and settle on an amount.
Your household, considered together.Who it’s for
Who is counting on you?
New and growing families
A new child adds years of costs, from childcare to college, that a death benefit could help cover.
Homeowners with a mortgage
A term policy can be sized and timed to the loan, which could help a surviving partner keep the home.
Stay-at-home parents
Replacing unpaid childcare and household work costs money, so a parent without a paycheck may still need coverage.
Business owners and partners
Life insurance can help fund a buy-sell agreement or offset the loss of a key person if an owner dies.
People planning their estate
Permanent coverage can leave money to heirs or help pay final expenses and estate costs.
Start with the need
Some needs have an end date. Others don’t.
Think about the financial support and everyday work your family would need to replace.
Mortgage.
Childcare.
Years of income.
Term life provides a death benefit for a set period, aligned with the years your family needs support.
Lasting family needs.
Final expenses.
A legacy.
Permanent life is designed for lifelong protection. Compare its premiums and cash-value features with your long-term plans.
Under the policy
What the coverage can include.
- 01A death benefit paid to the beneficiaries you name
- 02Term life, for a set number of years
- 03Permanent life, designed to last your lifetime while premiums are paid
- 04Cash-value features in permanent life policies
- 05Optional riders, such as early access to the benefit for terminal illness
Before we talk
A decision worth talking through.
How much life insurance do I need?
A common approach adds up what your family would need, such as years of income, the mortgage, other debts and future costs like college, then subtracts savings and existing coverage. We can walk through the numbers with you.
How can individual life insurance complement coverage at work?
An individual policy gives you a coverage amount and time horizon chosen around your family, alongside any benefit from work. We review both together when estimating how much protection to arrange.
Your next step
Make it fit the life you have.
Start with what you own and who depends on you. We’ll help you review the policies together.
Prefer email? Contact our teamUseful for a first conversation
- Your current policies or contract terms
- The locations, dates or assets involved
- What has changed since your last review
You don’t need everything ready to get in touch.