Life insurance gives you protection for a defined times, which is known as “term”. There are many options on the market and the choice of your life insurance depends on your wishes and circumstances.
We can help you by creating a list of available options, but before we can even begin giving you advice, we’d like you to answer these initial questions:
- What type of cover do you need?
Think about what is the purpose of the insurance: do you want to protect your family, do you want protection in case of critical illness, are you thinking about insurance because you are getting a mortgage – knowing why you are looking for protection, will help us suggest a better option.
- How much do you want to pay each month? How much cover are you interested in?
Monthly payments – premiums – need to suitable to your situation, as stopping payments will stop your cover, so it is important to choose optimum protection that is suitable to your budget.
- How long do you need the cover to last?
Some clients choose life insurance for as long their children stay at home or until their 18th birthday or graduation, others want it to last until their retirement or for as long as they have left to pay their mortgage off. Your decision will influence the shape of your policy.
If you would like to talk about life insurance options, call 01708 504455 or email Gary Taylor on firstname.lastname@example.org