A Life Insurance policy can be tailored to cater to your needs, whether you wish to leave a lump sum to pay off the mortgage, support with the bills and/or to give your loved a lump sum to do what they like with.

With policies available from as little as 2 coffees from popular coffee chain shops per month – giving you and your loved ones peace of mind. 

What can a Life Insurance Pay Out to be used for?

The beneficiary of your life insurance policy can use the pay out how they see fit however, you can discuss beforehand using it for one of the following:

• Pay off the mortgage on your home
• Use it to support and pay the day to day bills (e.g. council tax, food shopping, utility bills, childcare costs)
• Renovate your house to be more accessible and support you to live in the house if you were diagnosed with a terminal illness
• Go on a family holiday or the dream trip

When was the last time you reviewed your Life Insurance Policy?

As your circumstances change and life changes happen, it can be best to review your life insurance to ensure it’s still suitable and meet your requirements:

• You’ve had more children so you may like to leave a larger lump sum to be shared out
• You’ve recently got married or divorced and wish to change who will benefit from the life insurance policy
• You’ve moved house and require a large or smaller payout to cover the mortgage
• You currently have a joint mortgage and wish to have a single policy for yourself

Whatever your requirements may be, speak to a life insurance protection advisor to discuss your requirements and receive a no-obligation quote or a free review of your current life insurance policy.