You can’t rely on always being there for those who depend on you It’s essential to have the right sort of life assurance in place. You can’t rely on always being there for those who depend on you. There are various ways of providing for your family in the event of your premature death, but… Continue reading Term assurance
Category: Protection
Whole-of-life assurance
Providing financial protection with cover that lasts for the rest of your life Whole-of-life assurance policies provide financial security for people who depend on you financially. As the name suggests, whole-of-life assurance helps you protect your loved ones financially with cover that lasts for the rest of your life. This means the insurance company will… Continue reading Whole-of-life assurance
Glossary
A guide to the jargon of protection Assured A person or persons who are insured under the terms of a protection policy. Convertible Term Assurance A term assurance plan that gives the owner the option to convert the policy to a whole-of-life contract or endowment, without the need for medical checks. Critical Illness Cover Critical Illness Cover is an insurance plan… Continue reading Glossary
Life assurance
When you should review your life assurance requirements Life assurance helps your dependants to cope financially in the event of your premature death. When you take out life assurance you set the amount you want the policy to pay out should you die, this is called the ‘sum assured.’ Even if you consider that currently… Continue reading Life assurance