Life insurance - read more about the type of cover available

When applying for life cover you should really consider carefully what the needs of your dependents actually are.

Many people make the mistake of opting for nice round figures such as £100,000 but when you factor in the average wage of £25000 per annum to that figure you are only providing your family with 4 years worth of salary. Is this likely to be enough?

If you have children, a mortgage and debts (loans etc) it goes without saying that the above sum would not go anywhere close to protecting your dependents when you are gone.

Consider very carefully:

• What type of insurance you actually need – Life cover, Decreasing Term, Level Term etc

• What your mortgage debt is

• How many dependents you have – they should all be provided for until they reach 18 years of age

• Whether income is required (ie whether the sum assured needs to cover the salary of the person who has died)

• Whether the amount will cover childcare costs if for example the mother of the children dependents dies.

Contact us today by completing our quotation  form.

Let our specialists do the hard work. Obtaining the right cover at the right price has never been easier