LIFE INSURANCE

An unexpected serious illness or death can have dire financial consequences for your family or business but with careful planning this does not have to be the case.

A straightforward solution could be to take out a life insurance policy which would result in the payment of a cash sum, perhaps on the diagnosis of a critical illness or the death of a loved one. We can recommend and arrange suitable cover.

Life insurance policies are commonly used in the following situations, to:

• cover borrowing e.g. a mortgage
• provide for a young family on the death of one or both parents e.g. by providing a regular payment until the children reach adulthood
• ensure capital is available to meet financial commitments should someone suffer a critical illness
• meet a future liability e.g. inheritance tax

Having the financial security provided by a life insurance policy would help to minimise the financial impact of a catastrophic event and need not be expensive.

The premiums are determined by the type and level of cover, the number of years the policy is in force and the health and lifestyle of the person requiring cover.

Advice on suitable life cover starts from £300 (please note: if you decide to proceed with our recommendation, arrangement charges will also apply). We ensure that any life policies recommended are set up correctly to meet your needs and those of your dependants.