Protect You & Your Loved One’s Futures

What would happen if you passed away or diagnosed with a terminal illness? How would your loved ones cope financially? A life insurance policy pays out a lump sum to your loved ones in the event that you pass away or are diagnosed with a terminal illness while your policy is in place.

Your partner, dependents or family members can have financial stability if you were to die or were to become terminally ill.

How much does Life Insurance Cost?

Life Insurance cover can be very affordable, and you can choose the sum insured based on the amount of cover required for financial security.

It can cover any outstanding financial commitments you have – like your mortgage or loan repayments – so your family won’t be left with payments they can’t afford after you’re gone.

What are the types of cover available?

Level Term Life Insurance – a pre established lump sum paid out at any point in the life of the policy should you pass away or become terminally ill. The amount that will be paid out will won’t change, regardless of how long you’ve had the policy.

Decreasing Term Life Insurance is when the value of cover decreases as the policy get older therefore, the amount paid out decreases over time. It is normally in line with your mortgage repayments and length of mortgage. If you pass away half way though your mortgage of, for example, 25 years then the policy would pay out on the balance ensuring your family don’t have any mortgage debt.

The policy you pick depends very much on your circumstances.

When was the last time you reviewed your life cover?

As our circumstances change, it’s best to review your life insurance to ensure it’s still suitable for your needs.

• You’ve moved house and require a larger pay out as you now have a larger mortgage
• You’ve had more children and would like to leave a larger lump sum to be shared out between them
• You’ve recently got divorced and wish to change the benefactor on the policy
• You’ve recently got married and wish to have a joint life insurance policy for the mortgage but separate policies for any critical illnesses

Speak to our Life Insurance Protection Advisors Today

Our life insurance protection advisors are on hand to give you the different options and quotations based on policy type and amount insured. We’re here to listen to your requirements and explain any details further if you like.

Get in touch for a no-obligation quote or for a free review of your current life insurance policy.