Life insurance is designed to provide financial security to your dependants if you’re no longer there to provide. Life Insurance cannot compensate for the loss of a loved one but it can provide that valuable peace of mind at the most difficult of times.
Cover can be arranged for a fixed term or on a whole of life basis, where the benefit will be paid whenever you die. The benefits provided can be paid out as a lump sum or as a monthly income.
The amount of money paid out depends on the level of cover you buy. You decide whether it will cover specific liabilities such as your mortgage or rent payments or include additional cover for other outgoings.
Critical or serious illness cover is often combined with general life insurance and can help to provide additional financial security, as it pays out if you are diagnosed as having one of the illnesses specified in the policy. This support removes the financial strains and worries that are so often a consequence of an unexpected life changing event, allowing individuals and their family to focus on coping with the other challenges that may be involved.
With so many choices to make it is vital that you get advice from an expert. Our fully qualified advisors will be delighted to talk to you and explain all of the choices available and will recommend a policy that is tailored to your specific needs.
As with all insurance policies, conditions and exclusions will apply..