Life Insurance pays out in the event of the insured life’s death. It can be arranged on a Level or Decreasing basis with a lump sum payout, or as Family Income Benefit (FIB) which pays an income for a specified term.
Death isn’t exactly light conversation for most of us, but we can all think of people close to us who have met an untimely end, or suffered serious ill health at a relatively early age.
Taking out appropriate Life Insurance cover provides peace of mind and could prevent a financial catastrophe from adding to you and your loved ones’ woes at a difficult time.
You might already have life cover, but have you considered what might happen if you faced serious illness and survived? Could you afford to take enough time off work to fully recover? Could you afford to return to a reduced role if that’s all your health would allow?
At Mortgage Medics we use our experience and expertise to ensure you get the best advice, and all available providers to ensure you get the best value for money when taking out Life Insurance.
If you’d like to discuss your options for Life Insurance then contact us to arrange a free initial consultation, without obligation. Whatever your budget, we can tailor cover to suit your needs. You might be surprised at how affordable appropriate Life Insurance can be.
We do not usually charge a fee for Life Insurance advice, instead we receive commission from the provider, and the exact amount would be disclosed to you prior to making an application.
Contact us to see how we can help.
Life Insurance plans have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.