Life Insurance Frequently Asked Questions
Our life insurance frequenlty asked questions will answer any questions you may have to help you save money and find the best policy for you.
What is a funeral plan?
A funeral plan allows you to protect your family and friends from the emotional and financial stresses of arranging a funeral. A prepaid funeral plan is one of the best ways to ensure that your funeral is paid for in advance.
How much is life insurance?
Many people think that taking out a life policy can be expensive but it’s totally the opposite.as you can take out a life policy from just £2.50 per week. If you think you are over paying on your life policy then simply fill out your details and we will search for the best and cheapest life policy for you.
What is life insurance?
Life insurance is a policy that will pay your dependents money as regular payments or as a lump sum if you die. It is designed to help look after your family financially so that they are not left behind in struggle.
There are two types of life insurance:
Whole of life policy: this type of policy will pay out no matter when you die.
Term life insurance: This type of policy pays out if you die during the policy.
Will I benefit from life insurance?
If you have a mortgage, family or assets then you will benefit from taking out a life policy. A life policy will make sure your family is financially stable once you have passed away.
What does life insurance cover?
Different policies offer different types of coverage, and some even cover funeral expenses.
How do I make a claim?
To make a claim, simply follow these instructions.
Can older people buy life insurance?
Yes, but life insurance premiums will be a lot higher because of your age. A good plan to have is the over 50’s life insurance that accepts anyone regardless of medical conditions.
What is criticle illness cover?
Critical illness insurance also referred, as ‘critical illness cover’ will pay out if you get a specific medical condition or injury that is listed on your life policy. It is very important to remember that not all conditions are covered.
A few examples of critical illness that can be covered are:
- Certain types of cancer
- Heart Attack
How easy is it to apply for life insurance?
Applying for life insurance couldn’t get any easier, we will compare a range of policies that suit your circumstances by using a panel of brokers. They will search the whole of the market to help find you the best policy for less money. All we need from you is to fill in our easy to use online form and one of our advisers will contact you within 24 hours.