Life Insurance Cover
Every parent, partner or person with dependants should consider this cover.
Death is not something we like to think about but unfortunately, it will happen to each one of us. We just don’t know when.
If the worst should happen then the impact on your dependants can be devastating and will be compounded if they are left in a financial crisis by the sudden loss of income and provision for such a predicament.
At Protectus Healthcare, we’re committed to helping you find a life insurance policy that fits your needs and protects your family in the future.
What is life insurance?
Life insurance sometimes referred to as life assurance, is one of the cheapest ways to protect your family’s future and financial security.
By putting the right life insurance cover in place, you and your dependents will have peace of mind, allowing you all to enjoy life without the worry of “what if?”
There are different types of life insurance cover to choose from, whether you are looking to protect your mortgage or to leave something behind to protect your loved ones. It’s important to choose the correct life insurance to reflect your circumstances and preferences:
Level term life insurance: This is the most popular type of cover. If you pass away during the set term of the policy, the insurer will pay out a lump sum as agreed at the commencement of the policy.
Increasing term life insurance: This is the same as level term insurance, but the cost of living is factored in to prevent the erosion of your sum assured each year due to inflation. This is normally done by linking the potential payout and premiums to the Retail Prices Index (RPI). By doing so it will ensure that the sum assured maintains its real value throughout the term which could be over many years.
Decreasing term life insurance: This is sometimes referred to as mortgage protection. This policy is designed to track your repayment mortgage and in doing so reduces accordingly. In the event of you passing away, the insurer will pay out the calculated amount to enable the balance of the mortgage to be paid off.
Why choose us for your life insurance?
An independent life insurance broker: With years of experience in the field of life insurance, we’re qualified to provide ongoing advice and bespoke policies.
Tailored offerings: We’ll work with you to ensure that you have the kind of life insurance cover that meets your preferences.
Collaborating with industry leaders: We’ve crafted lasting relationships with the world’s leading insurers and that means we can help you get the most cost-effective deal.