We can provide advice and quotation on the following:-
Level term Assurance
This is life assurance taken out over a specific term, ie usually 5-35 years to provide basic
life protection over a specific term. Policies can be taken out in single names, or joint names.
This is typically used for family protection or business protection. ie key man or shareholder protection
Level Term Assurance with Critical Illness
This is the same as term assurance, except that the policy also pays out on diagnosis of a range
of specified critical illnesses.
Mortgage Protection Assurance
This is a type of decreasing term assurance. It is designed to provide a reducing
form of life assurance to cover the outstanding balance on a normal repayment mortgage, should one of the
mortgage holders die within the term of the mortgage. Because the cover is decreasing the premiums are cheaper
than level term assurance.
Mortgage Protection Assurance with Critical Illness
This is the same as Mortgage Protection Assurance except that the policy also pays out on
diagnosis of a range of specified critical illnesses.
Stand Alone Critical Illness
This policy pays out only on diagnosis of a specified critical illness. It is usually taken out where
adequate Life Assurance is already in force.
Whole of life Assurance.
This policy pays out on death, whenever death occurs, subject to the policy being maintained.
It is typically used for funeral cost provision or inheritance tax planning. Because the insurers will
ultimately have to make a payment if the policy is kept in force, premiums are higher than those for Term
Save Money on Existing Cover
If you have existing cover which you bought within the last 10 years, you may be
surprised to learn that the premiums for new cover are less expensive today than they were 5 or 10
years ago, even though you are older. This is because premiums for some types of Life Assurance
have decreased in recent years. (Please remember you should never cancel existing cover until
the new cover has been put in force.)
We have agencies with all the top life assurance companies
and software systems which will provide an immediate market
coparison of all the insurers we deal with. To get a quote
please call 01422 842984.
click here to view our key facts document, which provides
full details of our range of services.