Types of Life Insurance

Trying to translate all of the Insurance jargon when deciding on a policy can be confusing and downright brain busting. Over the next few months we will try to simplify some of these terms and translate it into a language we can all speak and understand. Firstly lets take a look at the difference between…

Although it is arguable whether everybody needs life insurance, it is, without a doubt, a necessity for most people. If you have a family, partner or other relatives who depend on your income to cover the mortgage or other living expenses, then you should definitely get life insurance. And although our own death is not…

In a recent study undertaken by Legal and General, it has been revealed that over 90% of it’s customer base who have whole life policies have put nothing in place to safeguard themselves against inheritance tax. The current inheritance tax threshold in the UK is ?325,000 with anything above this amount being liable to a…

Many, particularly younger, people consider life insurance as something you should have when you’re older, when in actual fact this is not the case. Although age is certainly a consideration, the most important reasons for deciding when the right time to take out a life insurance policy is, is entirely down to individual circumstances. There…

In a society where you can pretty much take out insurance on everything, it is difficult to keep on top of the ever increasing costs of these various policies. Life Insurance is one of those insurance policies that falls into the category of essential. For example, you will need it if your mortgage hasn’t been…