First Financial Solutions (Wales) is a team of whole-of-market advisers and so has access to a wide range of high street and specialist insurers across the UK. This means that we can source the insurance that best meets your requirements.
We also have in-house insurance specialists that understand the complexities of the insurance market and are there to make sure that you have the right policy for you and your family. There are many different types of life insurance and choosing the right one for you is essential.
whole of life cover which pays out a guaranteed lump sum when you die, term life insurance which guarantees a specific payment within a certain time frame such as the length of your mortgage, for example.
Mortgage life insurance which decreases as time progresses similarly to your reducing mortgage and joint life insurance for couples which pays out in the event of one of the insured’s death.
It’s vitally important that you fully understand how the different policies work and that you take advice on that, you won’t get that on a search engine!
Which is best will vary from individual to individual based on your current situation and your aspirations for your future and the future of your family.
Usually it comes down to the reason you want/need the policy, what outcome are you trying to protect. This will form part of our discussion and ultimately our advice.
The most important thing is to declare these upfront. It is senseless to invalidate a policy because you were not entirely upfront from the outset about any pre-existing conditions or smoker status.
Premiums will certainly be higher for a smoker, maybe this is another incentive to give it up, but we don’t discriminate and are here to help and guide you!
Fill out the contact form, and we’ll get in touch
Securing the present. Protecting your future.
We are independent and are directly authorised by the Financial Conduct Authority (FCA) which assures our clients that we have no network or product restrictions, and we also have a in-house compliance team that ensures our advisers are always supported and able to give first-class advice.