What is the range of capital benefits available in the market?

The range of capital benefits available in the market is typically broad, reflecting the varying needs of consumers and the types of policies offered by insurers. The correct choice indicates that capital benefits can range from £20,000 to £150,000. This range is significant because it encompasses several levels of coverage that can cater to diverse financial needs, from those seeking basic protection to individuals desiring more substantial financial security.

In the context of general insurance, capital benefits often relate to specific plans that provide a lump-sum payment in the event of certain occurrences, such as death or critical illness. The flexibility of this range allows clients to select a policy that best fits their circumstances and financial goals. Those needing a more extensive financial safety net would find policies within this range particularly appealing, ensuring they can protect against various risks and secure the future needs of their dependents.

The other ranges listed do not accurately reflect the typical market offerings for capital benefits. They may be too narrow or too extensive, not aligning with average industry practices. A range of £20,000 to £150,000 strikes a balance between offering adequate coverage while still being realistic for the majority of insurance products available today.