Life Cover for Individuals/Key Personnel
Life Cover, like most insurances offers some financial security in case of an event we all hope will not happen – premature death.
Most of us want to ensure that, in such an event, our dependents or business partners are provided for. There are various types of life cover to consider.
- Level Term Assurance
a fixed sum of life cover over a fixed number of years. - Increasing Term Assurance
increasing life cover as required over a fixed period. - Decreasing Term Assurance
decreasing life cover for a fixed period e.g. for a repayment mortgage. - Renewable Term Assurance
life cover which can be renewed at the end of the term of years. - Family Income Benefit
a regular monthly payment tax free in lieu of a lump sum e.g. to replace lost income from a deceased partner.
Choosing between the various types and options is very important if you are to achieve the level of cover required at the optimum cost.
I, with the help of my support team, offer a comprehensive service which will help me to recommend the most suitable policy for you.