Life insurance isn’t the easiest topic to get your head around at the best of times – but it’s an important part of financial planning and protecting our loved ones. It would be easy to fail to take out life insurance due to the misconceptions surrounding cost, eligibility and process. But we are here to clear the fog and debunk the common life insurance myths that you may have heard.
We’re invincible when we’re young … or at least we feel as though we are. End-of-life isn’t something that the younger population tend to think about; they leave that to the oldies!
Our demise isn’t a warm fuzzy topic to talk about and when we’re young, we think we have decades before we’ll have to worry about death and what we leave behind. But whilst we know it’s going to happen, we don’t know when it is going to happen, and the reality is it could be tomorrow, in five years or fifty years. And so no matter how young we are, life insurance should always be considered.
Life insurance will provide protection for family and dependents in every instance, but there are additional benefits with policies that are taken out earlier in life. (more…)
The insurance market can feel like a minefield. Hundreds of lenders and thousands of policies – finding the one that is best for you can be an intimidating task. Nothing feels straightforward and there’s legal jargon you may not understand, so what checks should you do before you sign on the dotted line: (more…)
When it comes to deciding how best to protect your finances, lifestyle and family from the risk of sickness or injury, it can be difficult to figure out which of the numerous insurance products and policies on offer best suit your needs. (more…)
A new study has revealed that approximately 47% of British parent do not have life insurance and 44% have never discussed the financial implications of death with their partner or family. In Wales, the figures are even higher, with 64% saying they do not have life insurance cover. (more…)