What is life insurance cover?
Life insurance cover meets your demands and needs if you want to have a lump sum or regular income paid in the event of your death and usually on diagnosis of a terminal illness during your chosen term, dependant on the insurer.
The main things clients like to cover against are their mortgages/debts. This means, if they pass away during the mortgage term that the mortgage would be re-paid, meaning the family could remain in the home without any financial burden.
The other main reason would be to provide an income/lump sum for the family so they could carry on with a good standard of living. There are various options available when it comes to life insurance and our advisers are qualified to talk you through these options.