Gives you peace of mind that you can
continue to provide for your family
Why take out life insurance?
Nobody can predict the future. but taking out life insurance cover is the best way to protect you and your family financially should the worst happen.
The right protection gives you peace of mind that you can continue to provide for your family and alleviate any financial worries in the event of premature death.
Where to start with life protection cover
The first step is to consider what’s most important to you and how you would like to protect this.
There’s a range of life protection products that cover different aspects of family life, from providing for your dependents to replacing your income if you are unable to work. We understand that insuring yourself against the unthinkable is never a pleasant subject to discuss. Our advisers will approach conversations with complete care and sensitivity.
Premiums vary depending on how much cover you need, length of cover, your age, your health, the type of policy you need and when you’d like benefits to pay out on a claim. You might be surprised how little this vital cover can cost. We’ll explain all the benefits and limitations as part of our discussions.
Talk to one of our advisers to discuss the range of cover available and find the right life insurance for your personal circumstances and budget. Our aim is to put your mind at rest knowing family financial issues will be covered during emotionally difficult times.
Life protection cover options
There are several ways you can protect yourself and your family, with most available as single or joint policies. Learn more about each option below or contact us for further details.
Also known as Term Assurance, life insurance pays a designated beneficiary a sum of money upon the death of the insured person. Terminal illness or critical illness may also trigger payment. Expenses, such as funeral costs, are sometimes included in the benefits.
Life insurance is a very cost effective method of protection with regular payments made over the term of the policy. You benefit from peace of mind knowing that your death will not result in financial hardship for loved ones.
Life insurance cover that decreases over time in line with the amount of capital outstanding on a debt, such as a repayment mortgage. Decreasing term life insurance is an effective way of ensuring your debts will be paid off in the event of death of one or both policyholders. You have peace of mind knowing that your death will not result in financial hardship for loved ones.
Policy premiums are usually lower than level term insurance, making it the most cost effective life insurance option. Events such as terminal or critical illness may also trigger payment by the provider.
Family income benefit insurance allows a family to maintain an income and standard living in the event of a policyholder’s death. Sometimes used in divorce settlements, policies pay a monthly income if the policyholder dies whilst the policy is in force. Income continues until the policy expires.
Low premiums make cover affordable for most families. Policies can be single or joint, with payments index-linked or flat rate. If the policyholder lives to the end of the policy’s term, no benefit is payable.