Life Assurance

Quite often you hear ‘it could never happen to me’ or ‘I’ll sort it out later’. Well the old maxim of “failing to plan is planning to fail” is no better suited than to ignoring crucial decisions on protection.

What is it?

A Term life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life. It covers you for a fixed period and pays out a one off lump sum if you die during the policy term.

With some term insurance policies you can add additional options, for instance critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.

The policy may not cover all definitions of a critical illness. For definitions please refer to the Key Features and Policy Documents. 

Who is it for?

This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. As an advisors I can help you find the plan that best meets your requirements.

The plan will have no cash in value at any time, and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Copyright © 2019 Chine Financial Ltd. All Rights Reserved

Rebecca Benham trading as Chine Financial Ltd, 707B Wimborne Road, BH9 2AU, Company Number 9857690 England and Wales, is authorised and regulated by the Financial Conduct Authority.

(http://www.fca.org.uk/register/).

To view my Privacy Statement, please click here

To view my terms of business click here

Website terms of use click here

This site is only directed at persons within the UK. Calls may be recorded for training and monitoring.