Life Insurance Cover
Protecting your loved ones in the event of your death
Key Features of Life Insurance
• Pays out in the event of the insured persons death
• Benefit is ordinarily paid in one lump sum
• Family Income Benefit cover pays an income to your family rather than a lump sum
• Choose whether the cover increases, decreases or stays level during its term
Life Insurance Statistics
Sources: Scottish Widows and Association of British Insurers. Premium figure accurate as at 03/03/2016.
Why Get Life Insurance?
Life insurance is a vital piece of cover when taking on a mortgage loan as it ensures protection against unmanageable debt, but it is also important even if you aren't entering in to a mortgage deal, it provides stability and support to your loved ones in a time when they need it most, it helps to take care of expenses after your passing and it provides those closest to you with a means of maintaining a secure lifestyle.
You decide the amount of cover you want to be paid out and whether or not you want the policy to cover you for only a fixed amount of time or for the rest of your life, you can align your cover with a specific financial commitment that you want to ensure isn't dropped on your family if you die or you can simply choose to have a lump sum or income paid to your family whenever you pass away.
Protect your loved ones
Expert advice from a whole of market Life Insurance broker today.