Do I need life insurance?

It really depends on your circumstances. An average single person with no dependants probably would only need to cover funeral costs. The main earner in a family with children definitely does! It’s not a nice subject but imagine how your loved ones would cope financially if you weren’t around.

How much cover do I need?

Our most common question by far. The answer is that it depends entirely on your circumstances. A couple purchasing their first property together on a tight budget might want a policy just to pay off the mortgage if one of them were to die. Another couple with a larger mortgage and perhaps two children may want to provide cover to pay off the mortgage, cover the costs involved in raising children and provide for their surviving spouse/partner.

Why are your premiums lower than other comparison websites?

Life insurance policies can pay commissions to the broker/comparison site. We reduce our commission and pass the savings onto you.

If you apply directly with a provider they will not sacrifice any of the commission. Strange as it may seem this is often the most expensive way to buy life insurance.

Yes exactly the same. In fact policies are the same whether purchased direct or from an independent broker like us.

When will my policy start?

This depends on the details you give us when you apply. If your application is accepted immediately you can start your policy straight away or at any time in the next 30 days. If an insurer requires more information about a medical condition they may write to your GP and this can cause a delay. GP’s can take anything from one week to months to reply to an insurance company’s request. Any requests of this nature are carried out at no expense to you. With one of our companies we have you on full cover for 28 days while awaiting information from you or your GP. Terms and condition do apply.

Can I put my policy in trust? What does this mean?

Yes you can put any life insurance policy in trust at no additional cost. To find out more about this valuable option please give us a call 01 6853818.

What happens if my application is declined or my premium is increased?

What happens if I stop paying my premiums?

If you do not pay your premiums the policy will lapse and you will not be covered. If you accidently cancel your direct debit or change your bank account your cover won’t be cancelled immediately. You will be contacted for your new bank details and your policy will remain in place.

In most cases you cannot make changes to a policy once it has started. Some insurers let you increase your cover after a specific event. For example if you moved to a new house with a larger mortgage they might be able to take this into account and increase your cover. If you want to make a change to your policy and you’re not sure if you can please contact us.

Do you give advice?

Yes we are an independent whole of market insurance broker. We don’t do hard sells, no pushy sales people, just fair and honest advice tailored to your circumstances.

Under current tax rules, pay-outs for critical illness, terminal illness and death claims are usually free of personal liability to pay income tax and capital gains tax. However, in some circumstances your pay-out may be subject to inheritance tax. There are ways to avoid this please give us a call to discuss further. Bear in mind that the law relating to tax may change in the future.