Life, Critical Illness and Income Protection Insurance
We will undertake a full Fact Find with the client and bear in mind current family situation, income and health. From this fact find we will make a recommendation which could involve some or all of the following types of cover:
Life Term Assurance or Mortgage Protection Life Assurance
The term of the cover is set to cover a mortgage or life style. If you die during the term your insurer will pay the sum insured. If the policy is set up as a joint life cover then the sum insured is payable upon the first death. The policy ceases when a claim has been made or at the maturity date of the policy. The policy does not have a cash in value at any time.
The sum assured is paid should the client be diagnosed with a critical illness within the definitions of the policy. Many policies also offer free cover for children.
Family Income Benefit
Similar to Life Term Assurance but the sum assured is a yearly or monthly income during the remainder of the term following death.
This cover provides an income should you not be able to work due to ill health.
For a full analysis of you needs and a recommendation call 01202 386053 or Email Us