n all its forms life insurance is designed for one thing - to protect you and your family.
Its core benefit pays out a tax free benefit as a lump sum or as a regular amount depending on your needs. Over the years these products have become more specialised and that’s why a chat with Quotter is highly recommended.
Our huge panel of insurance companies means we can cover your mortgage, family, business, loans or income at the most competitive rates.
Life insurance takes many forms:
- Critical Illness pays out a lump sum or a regular income if you are diagnosed with a critical illness.
- Whole of Life pays a lump sum on death.
- Income Protection pays a regular income if off work through illness or incapacity.
- Term Assurance, low cost insurance which can protect borrowings or your family.
- Mortgage protection, pays off your mortgage loan if you die.
It is vital that all insurances are reviewed regularly as they need to reflect your lifestyle changes. What is right for you at 18 is very often outdated by age 30. Quotter recommends that you review your life insurance needs every year as part of a complete financial health check.
Life insurance and protection costs have varied throughout the years as underwriters and actuaries review their claims and costs. In these times of austerity every penny counts and our ability to search the market for best value means we could save you money on your existing premiums.
New insurance products have emerged over the last few years that encompass elements of critical illness, income protection and death cover meaning you only pay one premium rather than many. These plans are simple to understand but not offered by every company so it’s vital you talk to us first before you decide on which protection policy suits your needs.
If you prefer a home visit we can arrange for you to be seen in the comfort of your own home at a time that suits you. We recommend you have all your polices available for us to review so we can see how we can best help you. Our adviser will look at you circumstances and recommend products and services geared around your budget. All information is confidential and is handled under the strict guidelines of the data protection act.
Quotter will look at the whole of the market place to recommend products that suit your needs. In these times of comparison sites it is comforting to know you can still get free impartial advice from someone on the end of a phone or face to face. We make sure you understand the small print so no surprises are around the corner. Call our free phone number and ask for a free review.