Life insurance advice & guides
A simple guide to put you on the right path to your ideal life cover
If you've got more questions or you simply want some financial advice, please fill out our quick enquiry form or give us a call on 02382 353 001.
A quick quide to life insurance & critical illness cover
Life insurance is used to help financially support your family. It will pay out a lump sum of money to your family if you die. They can use this money for things like paying off your mortgage, paying for your funeral or just covering living costs for a while.
You can choose how long you want to be covered for, and how much cover you want - every policy is unique and is tailor-made to suit the policy holder.
Our fully trained staff will complete a thorough fact-find with you in order to fully understand your individual circumstances and needs before we offer you a solution.
These plans have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.
Critical Illness Cover
Critical Illness Cover provides you with a lump sum of money if you are diagnosed with certain illnesses or disabilities.
The money the policy pays out can be used for anything you need it for, so if you are unable to work due to your illness, you can continue to support your family.
The most common conditions covered by Critical Illness Cover are cancer, heart attacks and strokes. More than one in two people born after 1960 will be diagnosed with some form of cancer during their lifetime. (Source: Cancer Research UK)
Many insurers will also include some level of Critical Illness Cover for your dependent children automatically.
Our fully trained staff will complete a thorough fact-find with you in order to fully understand your individual circumstances and needs before we offer you a solution.
IF THE POLICY HAS NO INVESTMENT ELEMENT THEN IT WILL HAVE NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.
PLANS MAY NOT COVER ALL THE DEFINITIONS OF A CRITICAL ILLNESS. THE DEFINITIONS VARY BETWEEN PRODUCT PROVIDERS AND WILL BE DESCRIBED IN THE KEY FEATURES AND POLICY DOCUMENT IF YOU GO AHEAD WITH A PLAN.
Family Protection
Level Term Life Insurance is designed to provide financial security for your family should the worst happen to you.
If you die before your policy expires, it will pay out a fixed lump sum to your family regardless of how long the policy has been active for.
Most level term policies will also pay out a lump sum if you are diagnosed with a terminal illness - some insurers won't pay this extra benefit out if it is in the last 12 months of the policy though.
Our fully trained staff will complete a thorough fact-find with you in order to fully understand your individual circumstances and needs before we offer you a solution.
These plans have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.
Mortgage Protection
Decreasing Term Life Insurance is designed to provide financial security for you family by paying off your mortgage should you die. Decreasing term policies are most suitable for repayment mortgages - if you have an interest-only mortgage, you might need a level term policy instead.
The amount a policy will pay out decreases over time in line with your mortgage balance, and your monthly premiums will stay the same throughout the policy though.
A decreasing term policy will normally end at the same time your mortgage is paid off, and it will not provide any extra cover for things like funeral costs or additional expenses such as childcare and other living costs.
If you want to cover any of these things on top of your mortgage, you may need multpile policies instead.
Our fully trained staff will complete a thorough fact-find with you in order to fully understand your individual circumstances and needs before we offer you a solution.
These plans have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.