Personal Life Insurance

  • Level term Life Insurance
  • Mortgage Protection
  • Critical Illness Cover
  • Income Protection
  • Impaired / Managed Life Cover
  • Whole of Life
  • Over 50’s Life Cover
  • Private Medical Insurance
  • Mortgage Referral Service

The benefits of Life Insurance

If the worst was to happen to you or if you found that you were unable to work due to an injury or illness, a Life Insurance policy will protect you financially. Insurers and providers in the UK have award-winning and 5-star Defaqto rated protection products on offer. These are often wide ranging and can be tailored to suit your needs and meet your demands in the event of the unthinkable happening. The Life Insurance provider will give you or your family lump sum payments to make things easier for them for when you are not around or able to.

Level Term Life Insurance

In the event of you passing away during the term of your Life insurance policy, the insurer will pay out a cash lump sum to the people you leave behind. We never know what is round corner but making the right provisions can give us all peace of mind. Your loved ones finances will be protected and that can make things easier in those difficult times.

A level term policy is a popular way to help protect your loved ones and your family financially if you were to die during the length or term of your chosen policy. It is sometimes referred to as life cover or even life assurance. As a consumer you can determine how long you need the cover to last for and also the amount of cover you think you will need.

You will have the reassurance and peace of mind knowing that, from the day you’re put on risk, if you died while covered by the policy your loved ones could receive a cash sum pay out if a valid claim is made.

Having a protection plan is a great way to look after your financial needs. For many people it is about the things that mean the most to them. For example, if something unexpected was to happen to you, your family’s financial situation and future is a lot more secure. This can include and often does help to pay off any debts. It can be a lump sum or sometimes broken down into monthly payments to help with household bills, rent or the mortgage.

UK insurers and providers of Life Insurance have products, policies and cover plans to suit all needs and requirements. Having the right protection at an affordable monthly premium can be in place to cover your family, your home, your income, your business or against illness.

Mortgage Protection or Decreasing Term

Life insurance can be designed to help cover your mortgage if you were to pass away during the term of it. Mortgage Protection Insurance offers a cash lump sum payment to those you leave behind. Depending your requirements a policy that gives insurance for your mortgage could be the ideal choice.

Also known as decreasing term life insurance cover. With a large debt like a mortgage left to pay by your family sometimes it can be a daunting responsibility to keep up with the repayments if your life had a major change. It can be even more difficult if you passed away and your loved were left with the repayments. The main benefit of having Mortgage Protection Insurance in place means that the balance of your mortgage debt is covered. You can take out a policy that will pay out a lump sum that will cover and pay off your mortgage.

Decreasing term life insurance is usually bought to clear a specific debt, which is itself reducing over time. This is often seen as the ideal policy to cover the mortgage in the event you passing away. The policy pays out in the event of the death of the borrower or his or her partner and the term is usually chosen to align with the associated debt. It is usually less expensive as the sum insured decreases over the term of the cover.

Critical Illness Cover

We all know someone who has had a critical illness. Some of us have been unlucky enough to have experienced an illness of your own. A critical illness affects many people at any age. It and can turn families’ lives upside down.

If you were to become seriously ill would your loved ones struggle to keep up with household bills and the mortgage? With the right Critical Illness Cover you can make sure that you and your family are financially protected against the impact a critical illness could have on your lives.

Critical Illness Cover from an insurer could pay out a cash sum in the event of you being diagnosed with a serious illness. Providers in the UK will all have a different set of conditions and definitions on the policy that they offer. Some more than others. To protect against the financial impact of having cancer, suffering a heart attack or a serious illness defined in a policy list consider taking out a Critical Illness Cover plan.

There are some important factors to consider when it comes to Critical Illness Cover and deciding whether or not you need it. For example if your family rely on you financially for the bulk of the income then way up the affect it would have on them if you became seriously ill. A pay out via a Critical Illness plan could help towards child care costs, rent and household bills.

Your lifestyle may change after going through a critical illness period. You may need to use finances to help pay towards equipment needed for medical treatment too. It may be easier for you in the time that you are recovering if your after care was given the best possible chance.

UK insurers and providers of Critical Illness Cover have differences in the cover that they provide consumers. Some will specialise in the policy and may offer more conditions on their specified list. Others may not so it would be advantageous to get a couple of comparisons in and way up your options.

Some conditions you can be covered for include; Multiple Sclerosis, Diabetes, Alzheimer’s disease, cancer, heart attack, kidney failure, liver failure, loss of speech, motor neuron disease, multiple sclerosis, open heart surgery, Parkinson’s disease, stroke, traumatic brain injury and many more health conditions listed within our A-Z.

Income Protection Insurance

If you were unable to work through injury, illness or unemployment how would this affect your lifestyle? What impact would this have on your earnings? These days relying only on state benefit in the event of not being able to work may not be enough. If you have a mortgage or pay rent how would you keep up it after a sudden loss of income?

Many people are looking at Income Protection Insurance as an affordable means to protect themselves and their family in the event of not being able to work. This fast becoming one of the most important life insurance policies a household should consider. Not only is it more affordable now than before but there are different levels and budgets to suit everyone.

Income Protection Insurance is a highly rated policy that every adult working in the UK needs to consider at some point. It used be known as PHI or permanent health insurance. Now commonly known as Income Protection Insurance (IP), this long term protection policy is an important one.

In the main, your insurer or provider of IP Income Protection usually pays out until you are able to work again. It can carry on paying out until your retirement or even death. There are also some shorter term more affordable options too. It is becoming more popular these days as many of us rely heavily on our income to provide us with the lifestyle we need and enjoy.

It’s all about assessing your needs and requirements when it comes to your finances. Last year it is thought to be believed that less than 10% of people have some kind if income protection in place. Compare that to over 40% having life insurance it sure does paint a certain picture about the general view of IP.

For most of us life would be difficult if our monthly earnings we to suddenly stop. There are bills to pay, children to look after, mortgages and rent to keep up. The impact would be huge. The one policy in the industry that would protect you in the event of not being able to work would be income protection.

The good news about income protection is that the payouts from it are tax-free. Insurers and providers consider a few factors when determining the amount you would look to receive. For example you could expect anything from 75% to 50% of your earnings. Your occupation will play a part too. It would be good practice to ask us about the different groups your job would be classed as.

Depending on your current employment sick pay situation you can defer your payout for any income protection accordingly. This can help reduce your monthly premium for the policy and have it tailored to your needs and budget.

Impaired or Managed Life Cover

WHaving protection insurance in place is important for all consumers and despite what people think, ill health and bereavement can happen when we least expect it.

Not all providers will insure you for your Life Insurance or Mortgage Protection if you have certain medical conditions. You will need to explore your options with a provider who specialise in Life Insurance for people who have impaired or managed lives.

Ill health does happen…

We are a specialist broker and work with insurers who can advise on the right Life Insurance for you. If you have been declined in the past or you think you would not get Life Insurance because of managed medical conditions or your impaired life then get in touch. Nowadays you can get cover. Whether you want to leave a financial legacy behind for your loved ones or you want to protect your mortgage in the event of your death then get a quote today for cover.

Many people are now finding out that they can take out a life insurance policy even if they have a serious medical condition.

People living with a serious medical condition such as;

  • Cancer
  • Complex Heart Conditions
  • Type 1 and Type 2 Diabetes
  • A BMI above 48
  • Anxiety, Stress, Depression
  • HIV/AIDS
  • Multiple Conditions
  • Previously Declined Cover

Search our A-Z list of impairments we can get you covered for

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