Life Insurance
Life insurance can provide peace of
mind and financial cover for loved ones and dependants
in the unfortunate event of your death or following the
diagnosis of a terminal illness. An adequate life insurance
policy can make all the difference to those left behind
by taking care of costs such as the repayment of existing
debts and funeral expenses, and also ensuring that their
quality of life of doesn't suffer when you are no longer
able to provide for them.
Criticall Illness Insurance
Statistically speaking, insurance companies are aware
that people have approximately 5 times more chance of
being diagnosed with a critical illness than actually
dying. It is for this reason that critical illness policies
were invented. They would protect client’s financial circumstances
in the unfortunate event of being diagnosed with a critical
illness such as a heart attack, cancer, a stroke and a
whole variety of other illnesses, by paying out a lump
sump for the amount insured. A critical illness is a serious
enough event without having to worry about how the mortgage
is going to be paid.
Accident sickness & unemployment (Mortgage
Payment Protection Insurance)
This insurance policy is designed to protect
our clients ability to meet their monthly financial commitments
in the event of an accident, or if they were to become
sick for an extended period of time, or if they were made
unemployed. If any of the above were to occur, this policy
would meet those monthly commitments for a period of up
to two years in the event of these unforeseen difficulties.
The government policy on assistance is that any claim
made to them for assistance would not be paid out for
the first 39 weeks (9 months), by which point a client’s
home would most likely have been repossessed by the lender.
We make sure that we address the issue of protection needs
with our clients when providing life
insurance quotes so that our clients have peace of
mind that they have all of the necessary cover that individually
suits them.
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