Life Insurance helps your dependants to cope financially in the event of your death. When you take out life insurance you set the amount you want the policy to pay out should you die prematurely, this is called the 'sum assured'. One of our advisors would be happy to access your current circumstances even if you have sufficient life assurance - you'll probably need more later on if your circumstances change. If you don't update your policy as key events happen throughout your life, you may risk being seriously under - insured.
As you reach different stages in you life the need for protection will inevitably change.
There are 2 basic types of life assurance. 'Term' and 'Whole of Life', within these categories there are different variations.
Events when you should review your life insurance policy include:
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Information on this website should not be considered as personal advice, if you wish to receive professional advice as to the suitability of Insurance, please contact us. Contact us » for more information. |
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