A life insurance policy offers valuable financial protection in the event of an early death. Life insurance is definitely advisable if you have family dependent on your earnings. A Life insurance policy is also a means of saving. This combination of protection and saving makes life insurance unlike any other financial product. Some life insurance policies protect you financially, some help you to save and some do both.
Surviving loved ones face many financial issues when a loved one passes. Loss of income and problems paying debts or meeting tax liabilities can result from loss of life. To help with these costs there are four basic types of life insurance policy:
All these different life insurance policies provide you with protection by paying a lump sum on death or upon diagnosis of a critical illness. People on a limited income may find that term insurance is the best buy. The term, (period of cover), can be chosen to cover the time when children are growing up and expenses are high.
If you would like to enquire about a life insurance policy, perhaps looking through our informative pages on mortgage protection insurance, critical illness cover and life assurance protection will guide you to the ideal life insurance package for you.
If you would like to enquire right now for a life insurance policy, click on the enquire now button below, or if you would like to find out more about life insurance, don't hesitate to contact us.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Champion Financial Services is a trading style of Rafik Allana of 16b Second Avenue, Hendon, London. NW4 2RN.
Champion Financial Services is an Appointed Representative of Mortgage Next Network Limited, which is authorised and regulated by the Financial Services Authority in respect of mortgage and insurance mediation activities only. Mortgage Next Network Limited is entered on the FSA register (http://www.fsa.gov.uk) under reference 300866.
We do not charge a fee for any initial quotation. There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be 1.5% of the loan amount, this fee will be payable on completion.
The overall cost comparison is 6.8% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.