It is so much more common to think about funeral arrangements and who will get what when we are no longer here, and much less about what we can do if something goes wrong while we are still around. Did you know that around half of the young families do not have any life insurance protection in place?
This could mean a number of horrible things happening in a sequence, even losing the family home. And that is the last thing one needs during such a difficult time, and or not being able to live as planned without the financial support or income of the lost one.
Putting plans in place protecting your loved ones, a lump sum to be paid to your family and dependents when you pass away or are diagnosed with a terminal illness provides a peace of mind that your loved ones will be financially looked after should anything go wrong. The payout could be used to pay essential bills such as monthly mortgage payments or rent. It can also be used to help with the costs of bringing up the children.
For more information or to find out what you can do to protect your loved ones – get in touch for a free and friendly, no-obligation chat.
077 8026 8027
The information provided in this article is not intended to constitute professional advice and you should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.
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