Protect finances – combine best insurance policies

Need help to find the best life insurance policy?

Are you worried about life insurance and wondering “what is the best life insurance policy?” Perhaps circumstances in your life have changed, a loved one is suffering from serious illness or injury, and it has made you think about the future. What would happen if you lost a member of your family or, more importantly, your family might one day lose you? It does not bear thinking about, but protecting dependants with the best life insurance policy, ensuring they can move on in the event of losing a parent or partner is a topic worthy of a discussion.

Our focus is to help find the best life insurance to suit you

Our team of qualified and experienced advisors can talk you through, and tailor-make a policy to suit your budget and personal circumstances. The small cost for peace of mind will help you and your family in situations where additional financial support will help cover difficult times.  So let’s discuss what are the best life insurance policies out there and which one should you pick.

A life insurance payout in the event of death goes a long way to provide financial and also emotional support.  A surviving partner need not worry about the financial aspect of losing a loved one; a payout can help alleviate a range of difficulties including expensive funeral arrangements, ongoing mortgage payments, debts, and day to day living expenses including household bills, savings and food shopping.  When dealing with the grief of losing a husband, wife, partner, mother, father, worrying about finances can add an untold amount of stress.

Different types of life insurance to suit your budget

With a multitude of quality life insurance policies to choose from depending on your needs and budget, the options are unlimited and flexible from fixed-term life insurance – an affordable extra investment to fit neatly in conjunction with other financial obligations – through to more expensive options such as a whole of life insurance. Budgeting for affordable monthly premiums will provide the security of a life insurance policy without putting you under financial strain.

We advocate looking into other financial protection measures and carrying out a full costing of outgoings to ensure loved ones are fully protected in the sad event of you passing away or, more commonly, falling ill or suffering an injury.

For the best insurance consider combining life insurance with critical illness cover

Critical illness cover and income protection combine very neatly with a life insurance policy to ensure that you have full coverage. In the event you fall ill with one of the listed critical illnesses, including heart attacks, strokes and many types of cancer, you can cope financially. We have discussed previously the notion of “sickness denial syndrome” where many people feel that they will never fall seriously ill. Imagine being forced to take a prolonged work break due to an injury or sickness. It is essential to consider what will happen to incoming and outgoing finances in the event you fall to one on the list of serious illnesses. Losing the ability to work for a while may seriously affect mortgage payments and day to day living.

Such a financial headache will result in extra stress and anxiety at a time when you should be concentrating on fighting to beat sickness and recuperating. Statistics show that hundreds of thousands of people find themselves unable to work due to critical illness or injury and worrying about the financial consequences. It need not be the case. With a range of policies to protect people, you can combine health insurance, critical illness and income protection with your life insurance policy.  With cover, you are keeping your finances healthy until you too can get fit and back to work again.

Get in touch to discuss the best life insurance advice and quotes

Speak to one of our financial advisors to find out what type of policies you can combine to protect your finances in any scenario. We will talk you through the various insurance cover options, discuss the costs of these and help you decide the best choice for you.

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