Life Insurance
A life insurance policy is a type of cover that will pay out a lump sum to your dependants should you pass away during the term of your contract. This can then be used to pay off any debts you may have and support your family after you’re gone.
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Look After Your Loved Ones Financially
No one likes to think of the worst. However, sometimes it is necessary to prepare for every eventuality and protect your loved ones.
By taking out a life insurance policy and making monthly or annual payments, you will be able to rest assured that your family could afford to pay household bills or mortgage payments should something happen to you.
Level vs. Decreasing Term
Life insurance can be broadly categorised into two forms: level term and decreasing term.
Level term life insurance allows you to choose the amount that will be paid out and this will be fixed. Whereas a decreasing term life insurance policy is designed to work in tandem with a repayment mortgage, and therefore cover decreases in line with the amount owed on a property.
The cover you choose will likely be dependent on the assets you have and the monthly payments you can afford.
Key Features:
- Tailored insurance solutions to suit your individual needs
- Full review to ensure you aren’t over/under insured
- Insurances that won’t compromise any existing benefits
- Full financial budgetary reviews to ensure adequate affordability
- Whole of market research