Insurance comes with its own language which can be confusing to people working within financial services nevermind everybody else!
Our easy jargon buster aims to help you understand what those terms mean in plain english.
If you find a term that we don't include, please feel free to recommend it to us!
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Home > Jargon Buster > Burial Insurance
A small life assurance policy which pays out enough on your death to cover your funeral expenses.
With a small payout, the premiums are usually also small but depend on your sum assured and how long the cover should run for.
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