Compare Life Insurance
If you have anyone who is financially dependent on you, you should take out life insurance to make sure they can cope financially should you die.
What is Life Insurance?
Life insurance is a popular and cost effective way of protecting your family and loved ones in the event of your death. You can have the peace of mind that should you die your family will be left with a lump sum so they will be financially secure.
Why do you need Life Insurance?
If you have anyone who is financially dependent on you then life insurance is a real necessity. Your death can lead to very serious implications for your partner or children.
What can Life Insurance be used for?
Should you die prematurely life insurance can be used to pay any final expenses, provide an income for your family and ensure your family has the resources to maintain a comfortable standard of living. It can also be used to leave a legacy to your favorite charity.
Funerals can be very expensive which is why many people take out life insurance to help pay for these costs. Life insurance can also be used to protect any assets you may have and settle any debts or unpaid bills that you may have, including mortgages, so your family don’t have to deal with this burden. It can also be used for your children’s futures to help pay for education fees.
For an extra cost you can find additional benefits on life insurance cover. The most common type of additional cover is for critical illness. This provides a payment on diagnosis of a critical illness for conditions such as cancer, kidney failure, blindness, strokes and many more.
Choosing the right policy
There are many different types of life insurance so you need to make sure you find the policy that best suits you. It is important that you take the time to research the market. You can use the table above to compare different insurers to help you find the best policy at the best price.
In terms of how much a policy will cost bear in mind that the amount you pay for your policy increases with the likelihood of death within the term. Your age, health and occupation can increase the price.
06 May 2013
Everybody should have a life insurance, and take it out as early as possible
10 July 2012 16:00
Which Way to Pay
Asda is famous for saving you money every day and their new name just reflects this more closely. Asda Money combines retail expertise and best of breed financial services to bring customers quality products with customer focus at great prices. All customers that get a quote or take out an Asda Money product will be entered into a free prize draw to win £10,000
21 June 2012 11:00am
Which Way to Pay
Looking for Life Insurance? Over 50? A new product now available for you to compare Chase Templeton's Over 50s Life Cover is an affordable way to leave the ones you love a useful cash lump sum to help them cover the cost of your funeral, help clear unpaid bills and make their life a little easier when you’re gone.
7 June 2012
If the worst should happen don’t you want to ensure that your loved ones aren’t left with financial burdens?
20 March 2012 17:00
Although it can be a difficult subject have you ever thought about what would happen to your family and loved ones if you were no longer around?