Life insurance doesn’t benefit you, it benefits those you love. It’s a financial safety net, offering peace of mind and ensuring your family can cope, should the worst happen.
Why Life Insurance matters
You work hard to provide for your family. To provide a roof over their head, pay the bills and secure their future. Life insurance ensures that even in your absence, that support continues. It can help cover:
- Outstanding mortgage balance
- Funeral expenses
- Household bills and everyday living costs
- Other debts or future plans, like education fees
Whether you want to protect your home, income, or broader financial responsibilities, the right policy offers priceless reassurance.
Types of Life Insurance
Level term Life Insurance
Offers a fixed lump sum if you pass away within the policy term. This is ideal for covering costs beyond the mortgage, like childcare or future plans.
Decreasing Life Insurance (Mortgage Life Cover)
Designed to mirror your repayment mortgage balance as it falls over time. The payout decreases accordingly, making it a cost effective way to protect your home continuity.
Waiver of premium
Keeps your life insurance active if you’re unable to work due to serious illness or disability. Your policy won’t lapse even if you can’t pay premiums temporarily.
Who can get Life Insurance?
Even with pre-existing health conditions, or a higher BMI, you can still access cover. Most insurers accept BMIs up to around 28 on standard terms. Higher BMIs or complex health profiles may attract higher premiums or additional medical underwriting.
Choosing the right policy
- Repayment Mortgage? Consider a decreasing policy to match the mortgage balance.
- Broader financial protection? A level term policy may suit better.
- Want extra protection? Add critical illness, waiver of premium or income protection. (More information on separate pages)
Want to protect your family’s future?
Chat with one of our advisers for a free consultation. We’ll help assess your needs and create the right insurance policy for you.
Call us or contact us today and give your family the gift of financial security.
Who can we help with life insurance?
We can help people in Coventry, Warwick, Leamington Spa, Stratford upon Avon, Kenilworth, Nuneaton, Bedworth, Atherstone, Coleshill, Southam, Rugby and the surrounding areas in our office and the rest of the UK via telephone/ video call.