FREE Life and illness cover review
Is YOUR family properly protected?
We all know we should have life insurance, most of us know someone who knows someone who lost a loved one unexpectedly. But are you SURE the cover you have will do the job?
It's too late realising after the fact that your cover wasn't up to scratch so let us carry out a FREE life and illness cover review for you. It won't cost you a thing, we don't even expect you to make changes unless you want to. What we would like to do is help you to know FOR SURE that the cover you are paying for is fit for purpose. If you would like a FREE cover review, simply complete the form below or email us directly at email@example.com
Tel: 0161 507 7722
Mr & Mrs A bought their first house and took out the mortgage cover recommended by their lender. Absolutely nothing wrong with that except the cover they have is "joint life". This means it only pays out on the death of the first person and then ceases - leaving the surviving partner with no cover at all!
Now Mr & Mrs A went on to have children and Mrs A had a few periods of ill health, nothing serious of course, just wear and tear and the riggers of raising children! However, now that she's a little bit older with some minor medical history to report, any insurance she takes later in life is likely to be far more expensive, perhaps so much so she isn't able to afford it. Also, as the Mortgage cover was only ever designed to pay off the Mortgage (which it did taking some financial stress off Mrs A just like it was designed to do) it didn't allow for the ongoing loss of Mr A's salary, nor the time Mrs A needs off work to grieve and help the children through this tough time, or cover the additional childcare costs or reduced hours Mrs A has now she's a widowed parent. This, of course, is a bleak picture and we hope we never have to see one of our clients in this situation especially as it could have been made so much easier simply by having 2 independent life policies with a fixed amount paid (and not just the Mortgage) and in most cases, early on this doesn't cost more than a few pounds over what they were paying in any case.
Here's just 1 example of the mistakes people make when taking life insurance and how we can help.