Life insurance is about providing for the ones you care about when you are not there to do it yourself. Have you ever wondered how your family would manage financially without you? With life insurance in place your family could have the security of a cash lump sum if you were to die during the policy term.
You can help to ensure financial support for your family, or even a business partner, after your death by taking action now, whilst you are still alive.
Coming to terms with the loss of a loved one is never an easy thing to do and adding financial burden to the grief can make coping increasingly difficult. You can help to support your family after you die, or even a business partner by acting while you are alive. If you leave it, it may be too late.
Whether it's about not leaving your debts behind or ensuring your family can maintain the standard of living to which they were accustomed, it's clear there are plenty of reasons to look for the best life insurance policy for your personal circumstances. Getting the best quote is an important part of finding the right policy.
There are many different types of cover, the main types to consider are:
You also need to consider single or joint life basis with benefits including paying out on the diagnosis of a terminal illness. If the policyholder is alive when the policy expires no payment is made and, should the policyholder stop paying premiums at any stage, the policy has no value.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. SHIRE FINANCIAL SERVICES LIMITED IS AN APPOINTED REPRESENTATIVE OF SESAME LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. COMMERCIAL MORTGAGES, INCLUDING BUSINESS BUY TO LET, ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. FOR COMMERCIAL MORTGAGES WE ACT AS INTRODUCERS ONLY.