Life Insurance

Life insurance, which can also be known as life cover or life assurance, is a type of policy that protects your loved ones financially in the event of your death.

 There are three main types of life insurance cover, level term assurance, decreasing term assurance and whole-of-life cover, the right one for you will depend on your individual circumstances

With level term assurance, the amount of cover you have remains the same during the term of the policy. This kind of cover is often taken out alongside interest-only mortgages, as the capital you owe does not decrease over time.

With decreasing term assurance, as the name suggest, the amount of cover you have reduces over time. Decreasing policies are often taken out at the same time as a repayment mortgage, so that the amount of cover you have decreases along with the capital you owe.

Whole-of-life insurance protects you for your lifetime, but means you’ll pay premiums right up until the point you die and costs are steeper because you’re guaranteed a pay-out.

Your life insurance quote will take into account your medical history, age and lifestyle factors, and typically speaking, the younger and healthier you are, the cheaper your quote will be.

For an initial consultation with no obligation complete and send this form to us and one of the team members will call you back.