There is no mystery about insurance
- select the correct amount of cover
- the correct product and term (years) that you require
- obtain a competitive quotation for your circumstances
- obtain an immediate review now
Types of Cover
When you are starting life policy you can decide if you want the policy to cover one or more persons by defining the policy as follows:
you are insuring all lives named on the policy, but the policy will only pay out on one of the insured parties named in the policy, the first person eligible to claim under the terms of the policy.
you are insuring all lives named on the policy, and the policy will pay out on all of the insured parties named in the policy, even after it has paid a claim on another insured party named in the policy.
The full range of life assurance products is available through The Advice Center, however these are the main product types selected / requested by our clients. In all cases you need to fully understand the policy conditions to insure that the product you are taking meets your needs, your adviser will guide you through this process.
The term Mortgage Protection Insurance can best be described as any life assurance required / accepted by a lender to support the loan they are providing to the borrower. The cheapest form of assurance to support your loan is decreasing term assurance but you should consult your adviser on the product most suitable to you and your family’s needs and circumstances.