What is life insurance?
Life insurance is vital protection that provides a contract which will pay out an agreed amount should the worst happen and you pass away during the insurance term, the payment is a lump sum or regular income which is usually paid to your beneficiaries (subject to a trust being in place). There are a number of factors which need to be taken into account for your cover and the type of insurance that is available to you and your family. Life Insurance isn’t necessarily expensive (it is based on your personal circumstances), the earlier your cover starts the cheaper it may be. It is an important part of any financial plan, especially if you have dependents, as it protects your loved ones in the event of your death. Dependants are people who are financially reliant on you, ie children, partner etc.
Life Insurance isn’t always straightforward and having advice is imperative to helping you get the most suitable cover for you and your family. Our panel of well-known insurers which we can access help our team to protect you in a range of eventualities and give you peace of mind at all times.