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Life Insurance
Cover
What is Life Insurance ?
Life cover can be a valuable asset to have if you have a mortgage or just want to provide a lump sum for your family to cover the costs of living should the worst happen. This acts as a financial safety net for when you may need it the most.
Types of Life Insurance
Level Term Cover
Covers you for a specific amount over a specific term based on your needs and circumstances. Cover value and premiums stay the same throughout the plan unless you decide to apply indexation to the cover.
Decreasing Term Cover
Covers you for a specific amount and term based on your current repayment mortgage and remaining term. The cover amount will decrease monthly based upon your remaining mortgage.
Types of Life Cover
Example of how
Life Insurance can
protect your family
Tim suffered a stroke at age 47 and sadly passed away a less than a year later. He had taken out a life insurance policy a few years prior for £500,000.
His wife Lisa was a housewife and was dependent on her husband’s income. She made a claim and was able to pay off the outstanding mortgage of £200,000 and used the surplus of £300,000 was used to give her some financial security.
Things to Consider
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Life cover will only pay out on the diagnosis of a terminal illness or on your death within the term to your beneficiaries.
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This will not pay out on a critical illness such as a heart attack, stroke or cancer, or the loss of income due to an illness or injury.
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​Unique to other types of insurance in the market, Life Insurance can be taken out for the rest of your life depending on your budget and requirements. This is known as Whole of Life Cover.
How it Works
A chance to meet the team to discuss your financial needs and goals
We carry out full market analysis to get you the best terms available
We will present the most suitable course of action to meet your objectives
We apply for your covers to ensure you are fully protected
We regularly review your cover to ensure it is still competitive
Meeting
Research
Recommendations
Implementation
Reviews
FAQ
Other types of cover
Why Use Us?
Quotes
We provide free bespoke non-obligation quotes
Whole of Market
We use all the providers in the market
Unbiased
We give independent and unbiased advice
Trust
We put your policy in trust
for free
Speak to one of our Life Insurance specialists
Leave your details below and one of our advisers will be in touch to discuss your next life insurance policy and book you in for a detailed consultation.
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