Life Insurance
Protecting our families is one of the most natural things we think about. Life Insurances work on the basis if we were to pass away or be diagnosed with a terminal illness money would be provided to your family to support their needs. There are several methods for doing this like:
- Level Life insurance – A lump sum payable on passing or diagnosed with a terminal illness
- Decreasing or Mortgage Protection – A lump sum payable on passing; the amount of monies would be proportional with the Mortgage amount at that time – paid to nominated family not Mortgage company
- Increasing Life insurance – A future proof lump which increases in value in line with Retail Price index
- Life Insurance specific to E-cigarette, vapers and traditional smokers
- Family Income benefit – A plan designed to cater for the ongoing needs of a family or loved ones by providing an ongoing stream of tax free monies to support lifestyle.
- Whole of Life – Life insurance with no time frame so ideal of applications centred on funeral and inheritance tax needs
- Critical Illness Protection can be added to the life protection so in the event of a critical illness monies are made available for stability and financial freedom at a very difficult time
All insurance companies have slightly different strengths and weaknesses from application process, their ability to work with health, lifestyle or occupational choices and of course price. For free advice, so we can confidently explore which providers are best suited to your family’s needs, please contact us today!
