What is Life Insurance?
Life Insurance is designed to support your loved ones financially in the event of death. This type of policy can provide a lump sum or monthly benefit, depending on your requirements.
There are various ways in which your policy can be arranged. A Decreasing policy is often used for a repayment mortgage, but level policies are available too. We will also discuss whether Joint or Individual cover is most suited to your needs.
Why should I consider a Life Insurance policy?
When thinking whether Life Insurance is for you, it’s important to consider the financial impact that your death could cause. The loss of a family member is naturally a very emotional time for all involved. Having suitable Life Insurance means that your family don’t need to worry financially but instead can focus on supporting each other.
Do you have a Life Insurance need?
If any of the following apply to you, you would benefit from having a discussion with us about your Life Insurance needs:
- I want my family to be able to stay in our home
- I want my family to live comfortably and be able to maintain their lifestyle
- I don’t want my family to have to rely on savings to pay for my funeral
What can our Protection advisers do for you?
Our specialist Protection advisers will look at your circumstances, listen to your concerns and take the time to understand your priorities. By doing so, you can be sure we have made a personal recommendation which provides you with the peace of mind you deserve. We understand that in life, circumstances change. This is why we review your needs (and policy) on an annual basis, to ensure you continue to have suitable provisions in place in the worst-case scenario.
When providing you with advice, we will discuss the different options available along with your monthly budget. We will agree a premium that is comfortable so that you still have disposable income left to enjoy some of life’s luxuries!
Speak to one of our dedicated Protection advisers today to find out how we can help you.