Life Assurance Quotes
Although we don’t live to reap the rewards of our life assurance policies there is comfort in the fact that you have taken the time to provide for your loved ones.
Life assurance or insurance is by its nature a selfless product. We make the effort to provide for those who are dependent upon us because we care about them.
Life assurance is also very good value during the early stages of life. Although it has earned a bad reputation over the years as a somewhat superfluous product, in our opinion being adequately protected just makes good sense.
When we are notified by life companies that a life assurance policy has been paid out, our sadness is allayed by the knowledge that we played a part in looking after the needs of the deceased person’s loved ones.
Our principal life assurance products and options are:
- Family protection
- Mortgage protection
- Over 50’s Life Insurance
- Business protection
- Income protection
The matters you need to decide on are:
- The policy term
- The level of cover you will need
- Do you want the various products to be index linked?
- Do you want an option to review the policy at a future date without additional medical information
- Will the life policy pay out upon the death of the first party in the case of a two person policy
Some things to watch out for:
Is the policy level or convertible term?
A convertible term policy allows you to take life cover again without additional medical information. This can be useful if your health was to falter and you were unable to get cover at the end of the term.
Is the policy a dual or joint life?
A dual-life assurance policy pays on both lives if both partners were to die and does not cost that much extra.
Does the policy require a trust document?
A trust document ensures that benefits go to the right people.
Have you made a will?
A will is vital to ensure your loved ones are provided for. JD Moneysave ltd trading as Moneysave is regulated by the Central Bank of Ireland