LIFE COVER
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]WHAT IS LIFE INSURANCE ?
Life Insurance is one of the most straightforward types of protection insurance as, put simply, it pays out when you die. There are two main types of life insurance
Term assurance: covers you for a fixed period of, say, 10 years and pays out if you die during this period.
Whole-of-life policies: these policies continue indefinitely and pay out when you die, regardless of when that happens.
Mortgage Protection
Life assurance: these policies can be level or decreasing depending upon the type of mortgage (interest only or repayment), term of the mortgage and loan amount.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
WHY DO I NEED LIFE INSURANCE?
e many different reasons why you might take out life insurance. You might want to ensure your mortgage is paid off if you die, or your main concern might be to leave behind money for your family to live on. Some people take out whole-of-life policies to cover an expected inheritance tax bill when they die. The size of the monthly premium will depend on the following factors:
• The type of cover required – i.e lump sum or income
• The amount of cover
• The insured’s age
• Whether the insured smokes
• The length of the cover
• The number of persons covered
• The insured’s medical history and current state of health
• The insured’s occupation[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_separator color=”grey”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
TYPES OF TERM INSURANCE
With term insurance you choose the amount you want to be insured for and the period for which you want cover. If you die within the term, the policy pays out to your beneficiaries. There are two main types of term assurance:
Level-term: The amount you’re covered for remains level throughout the term. The monthly or annual premiums you pay usually stay the same, too.
Level-term policies can be a good option for family protection, where you want to leave a lump sum that your family can invest to live on after you’ve gone.
Decreasing-term: The amount you’re covered for decreases over the term of the policy. These policies are often used to cover a debt that reduces over time, such as a repayment mortgages. Premiums are usually significantly cheaper than for level-term cover.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]
HOW DO I BUY LIFE INSURANCE ?
We think it’s worth taking time to complete the Enquiry form on home page and one of our experienced advisor will get in touch with you to advise you on your Insurance needs.
Let us assist you. Click Here to contact us.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text css=”.vc_custom_1406290070235{padding-top: 1px !important;padding-bottom: 5px !important;padding-left: 10px !important;background-color: #00137f !important;}”]
GET A QUOTE
[/vc_column_text][vc_column_text]It’s easy to get a quote for our life insurance products online. Just choose the type of life insurance that suits you, decide how much cover you need and you can get an immediate decision today.Choose a product and get a life insurance quote ![/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text css=”.vc_custom_1406290080957{padding-top: 1px !important;padding-bottom: 5px !important;padding-left: 10px !important;background-color: #00137f !important;}”]
REQUEST A CALL BACK
[/vc_column_text][vc_column_text]Not sure where to start or what type of life insurance is right for you? Our Help Me Decide section provides a range of tools and information to give you the help you need.Help me decide ![/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text]
[/vc_column_text][/vc_column][/vc_row]