Life Insurance can be a complicated and often emotionally charged topic. It isn’t something that many people want to discuss in great detail. However, giving financial security to your family should either you or your partner die is something that is worth investing in.
Research by one of the UK’s leading financial institutions has shown that the average working age family has enough savings to last 14 days before they would suffer financial hardship should they lose the income of the main breadwinner. Life insurance cannot compensate for the loss of a loved one but it can provide valuable peace of mind at the most difficult of times.
Getting the right life insurance policy means working out how much money you need to protect your dependants. Cover can be arranged for a fixed term or on a whole of life basis where the benefit will be paid whenever you die. The benefits provided can be paid out as a lump sum or as a monthly income so that your dependents don’t have to worry where the money will come from to pay the bills.
Life Insurance is very affordable for most. Our adviser will be delighted to talk to you and take the time to ascertain your needs and financial circumstances before advising on the best product from our panel of leading insurance providers. They will also be able to recommend the right level of benefits to ensure that your financial commitments are fully covered.
As with all insurance policies, conditions and exclusions will apply.