Mortgage Simplicity Ltd is an appointed representative of Julian Harris Mortgages Limited, Julian Harris House, Musgrove, Ashford, Kent, TN23 7UN, which is authorised and regulated by the Financial Conduct Authority.
Cooperage Way Business Village Cooperage Way Alloa
FK10 3LP
United Kingdom
Life Insurance Quotes
  • Call Us : 0845 838 1502 / 03330113157

Life Insurance – Are you covered?

Life insurance should be a cornerstone of every family’s financial armoury.

None of us likes to think about dying, but it’s vital to consider what would happen to your family or loved ones should the worst happen.

Having Life Assurance in place means they will receive a lump sum when you die, easing the financial pressure at a time when they’ll have plenty of other things to worry ab out.

But once you’ve got your life policy, you need to keep it up to date and fit for purpose. That means reviewing the amount of cover it provides, on a regular basis, so you have the protection you need as and when your circumstances alter.

Here’s what you need to know…

Why you need cover – and when to review it

If you’ve got anyone who is financially dependent on you, you need life insurance to provide for them if you die before they become financial independent.

But it isn’t quite as simple as taking out a policy and leaving it at that.

For example, you might consider increasing the sum insured – the amount the policy will pay out – when children come along, since they are wholly dependent on you for many years.

You’ll also need to take another look at your cover if you change jobs. You might be able to afford higher premiums and increase your insurance. Or, if you’ve had to take on a lower paid job, you might want to reduce your cover and pay lower premiums.

And your employer might provide a chunk of cover related to your annual salary – or it might not. When the kids have grown up and flown the nest, you’ll need to review your cover again as it’s not worth shelling out for cover if there’s no-one who is financially dependent on you.

 

Why Do I need Life Assurance

 

Already have cover?

 

Look after your loved ones
Protect dependents including
your partner and children
Right level of protection
Work out if you’re
adequately covered.
Lump sum payment
To cover mortgage,
education and childcare costs.
Too expensive?
Could a new policy
save you money?
Get peace of mind
Know your dependents
will be financially protected.
Details Changed?
Changed circumstances
might affect your needs.
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Important

Mortgage Simplicity Ltd is an appointed representative of Julian Harris Mortgages Limited, Julian Harris House, Musgrove, Ashford, Kent, TN23 7UN, which is authorised and regulated by the Financial Conduct Authority.

Julian Harris Mortgages Limited FCA Register number is 304155.

UK Financial Services

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk

Contact Us

Mortgage Simplicity Ltd
The E-Centre
Cooperage Way Business Village
Cooperage Way
Alloa
FK10 3LP

Tel: 0845 838 1502 / 03330 113157
Email:info@mortgagesimplicity.co.uk