What Is Life Insurance?

Life Insurance is a policy that pays out a cash lump sum in the event of the policyholder’s death. A lot of people do not want to consider their own death but what about the protection it brings to loved ones and dependents that are left behind. What would happen to your family if they could not keep up mortgage payments after your death.

Do I need Life Insurance?

Not everyone needs Life insurance. For example a single person with no children wouldn’t have much use for this type of policy. The policy is designed to leave a cash lump sum in order pay off the policy holder’s debts. After all who is going to pay the mortgage once you are gone ? If you think your family’s standard of life will change once you die then you probably need to consider this type of policy.

Are there different types of Life Insurance Policies?

Yes there are quite a few different types of life insurance :

How much does it cost?

The cost of life insurance can vary due to your individual circumstances. Age, smoker status any pre-existing health conditions.  Call today on 0131 463 5678 or use the quick contact form below, and receive a detailed illustration to suit your needs and budget.