Protection

Protection

Life Insurance

Life Insurance policies pay out if you die within a specified period. This is usually the cheapest way to provide financial protection for your family in the event of your death. 

Why do I need life insurance?

Coming to terms with the loss of a loved one is never an easy thing to do and adding financial burden to the grief can make coping increasingly difficult. Receiving a lump sum of money can help to support your family or even a business partner after you die. Some of the reasons to take out life insurance could include:

Mortgage Repayment – do you wish to arrange for your mortgage to be paid off? 
Replacing the main breadwinners salary – ensuring the family does not fall on hard times after your death. 
Covering childcare costs – the death of the main childcare provider could lead to the need for childcare expenses. 
Education expenses – cover for school/university fees after the death of the main earner. 

Whatever the reason it is important to ensure your family can maintain the standard of living to which they were accustomed. It is clear that there are plenty of reasons to look for the most suitable life insurance policy for your personal circumstances. Getting the correct quote is an important part of finding the right policy.

Life and/or Critical Illness Insurance
No one ever plans to become sick or die unexpectedly. ‘It won’t happen to me’, is what we think, but the reality is that it could happen at any time.
Mortgage, Life & Critical Illness Insurance Policies will help pay off an outstanding mortgage in the event of death or diagnosis of a critical illness. It gives you peace of mind that your family can continue to live in the family home without any extra worries of paying a mortgage.

Income Protection
If you become ill and unable to work for long periods of time, Income Protection will help by contributing towards your income until you return to paid work.

Buildings Insurance
Buildings Insurance cover is based on how much your home would cost to rebuild. Most pay out for damage to your home from fire, floods, winds or subsidence. You must check you have the correct cover to suit your requirements.

Contents Insurance
Contents Insurance covers the loss or damage to the contents of your home. Different Policies offer different levels of cover but generally you will be covered from theft and fire. Any expensive items will need to be valued for insurance purposes as most companies have a limit for certain items. Accidental damage can also be added to most policies.
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