The world is evolving, but Life Insurance seemed stuck in the past. Big banks and some advisers would have you believe that Life Insurance is overly complicated and very technical. The truth? It really doesn’t have to be. With term Life Insurance, it’s simple: if you pass away during the policy term, your loved ones […]
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Funeral Whole of Life Insurance One of the many reasons people take out whole of life life insurance is to help pay for funeral expenses, so their loved ones won’t have to. No end date or term so there’s no risk of “outliving” the policy Typically bigger pay-outs than Guaranteed Acceptance Life Insurance Up to […]
David Sawers | 5th May 2020 – healthinsuranceandprotection.com Protection specialist LV= has paid out more than £2.5m in coronavirus-related income protection (IP) and death claims to nearly 300 individuals and families. The provider said that up until the end of last month, it paid out 146 Covid-19-related claims to policyholders with Personal Sick Pay policies, […]
We’ve been asked a lot of questions about Life Insurance recently and coming up a lot seems to be “Do I need Life Insurance?” and “Is Life Insurance worth it?” There are lots of different types of Life Insurance but the amount of cover and the type of policy you choose depends primarily on […]
Life Insurance is designed to provide financial support to your loved ones when you pass away. This can be used to clear off a mortgage or debt, cover funeral expenses or Inheritance taxes, replace lost income or simply to provide your loved ones with financial security from a lump sum. Once we are over […]
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