Life Assurance Explained
There are many forms of life assurance. Choosing the right one for you can depend on a number of factors including tax, cost and protection required.
Protection options available are:
- Whole of Life
- Term Assurance
- Business Protection, Keyperson Cover, Relevant Life
- Mortgage Protection
- Family Income Benefit
- Critical Illness Cover
Life assurance can be used to protect income, loved ones, and your business and in special circumstances can be arranged in such a way as to minimise the effects of tax.
This is a brief guide to give you a basic understanding of what cover is available, however, this information is only an overview and only an experienced adviser following a full review of your circumstances, will ensure that you find a solution that provides peace of mind.
There are several ways in which to protect yourself and your family in the event of an untimely death. Most people take out life insurance to provide for their families and alleviate any financial worries at a difficult time.