Protects Your Family
and it doesn’t have to cost the earth…
Life cover insurance could be one of the most important financial products you could ever buy especially if you were to die whilst you still have dependents.
For them being able to claim on a life insurance policy could be the difference between your loved ones struggling to make ends meet, and/or their immediate, long term financial security.
Insuring your life provides peace of mind that your loved ones would be financially protected if you were to pass away. The lump-sum payout they would receive can be used to pay vital bills like a mortgage or rent or to help with the cost of bringing up children.
Life cover is a type of insurance contract which pays out a lump sum to your dependants should you pass away or be diagnosed with a terminal illness during the term of the contract, in order to provide for them after you’re not around. The cost of a policy is determined by a number of factors including your age, health and lifestyle.
Many common medical conditions would be accepted without the need for further information. In more complex scenarios, more personalised support is required to gain access to alternative policies and providers.
Even if you don’t work – you might be a stay-at-home parent, for example – the cover could still prove invaluable, as childcare and other housekeeping costs will need to be paid if you’re no longer around.
There are several different kinds of life insurance policy to choose from, so it’s important to understand exactly what’s available before buying.
Questions about Life Cover?
Here’s some commonly asked personal insurance questions
What does life insurance cover?
Life insurance provides a way of helping your family cope financially when you die. This type of insurance cover is intended to provide help to your loved ones when they can’t rely on your salary or income any longer.
The pay-out it provides can be used to clear debts, pay off the mortgage or just cover everyday expenses. It could even pay for your funeral if you haven’t set anything aside for that.
Do I really need life insurance?
If you are single and there’s nobody else being dependent on your income, then it could be viewed that you’d probably do not need life insurance.
On the other hand, you have a partner or family who would potentially struggle to cope financially, then life insurance could offer the help they’d very much need at such a very challenging time.
THINGS TO NOTE
If you wish to speak with someone about personal insurance cover and/or the products currently on offer. You can request a callback by providing a few details for a no-obligation conversation.
This would be normally done during 24-hours of submission during normal working hours.
Please note that in doing so the details you provide will/may be shared with our insurance partners, to purely be able to provide you with a better informed, and more personalised information.