You may not want to think about what would happen if you or your partner died, but it’s worth considering having life cover for your peace of mind.
Life insurance pays out a tax-free lump sum in the event of your death from an illness or accident during the term of the policy. It typically covers you for between 10 to 25 years. However, you can choose how long you want the cover to last.
Why consider it? How would you pay your mortgage, childcare costs, household bills other financial commitments if something happened to your partner? Or how would your partner cope if something happened to you? Life insurance policies are designed to offer peace of mind, as you can take out a policy that covers you until your mortgage is paid off or your children become adults.
There are many options, so finding the right solution for your financial needs is crucial. Our expert advisers are here to help. Contact us today for a free, no-obligation chat about your needs.