Archive for March, 2013
It pays to protect your lifestyle
It pays to protect your lifestyle Whether you’re starting your first job, saving to buy your first home or looking to retire in comfort, every stage of lifebrings with it a new and unique challenge. In these circumstances it pays to have the financial support and information you need. Starting a family If you’re thinking about settling down and starting a family, then it’s even more important to think about financial protection, not just for you, but for the people you love. Would you and your family be able to cope if you were unable to work due to illness or injury? Never mind the luxuries you may have come to enjoy, how would you even afford the essentials? In this instance, income protection insurance can provide you...Is an over 50s policy right for you?
Is an over 50s policy right for you? With an ever-increasing quality of life and rapid advancements in medicine, life expectancy is on the rise, and with this comes concerns about healthcare costs in later life. In fact, more and more people find themselves worrying about the financial issues related to old age, and how they and their families will cope. One cause of anxiety for many is the thought of burdening loved ones with expenses such as funeral costs after they have passed. One popular method of allaying these concerns is with an over 50s life insurance policy, which pays out a lump sum to your loved ones in the event of your death. But how do you know whether an over 50s plan is right for you? If you’re in good health then it...Over 50s cover – what you should be aware of
Over 50s cover – what you should be aware of There are few purchases in life you will make that are quite as important as life insurance. For your own peace of mind and the future financial security of your loved ones, it is essential you fully understand exactly what to expect from the cover you buy. Here is our essential guide to what you should be aware of when buying over 50s life cover. No cash-in value Over 50s policies have been designed to last for the entire duration of your life. In simple terms, this means that the only time an over 50s plan will pay out it is when you die. If you no longer choose to pay the insurance premiums and cancel the policy, you will not be reimbursed any of the money you have paid into the policy....The rise of the over 50s life policy
The rise of the over 50s life policy There are certain things in life we try our hardest not to think about. Our own mortality is certainly one. But at some point it is essential to face your fears, and seriously consider how you will protect the financial security of your loved ones once you are gone. When you come to realise the peace of mind that life insurance products can provide, it is essential to carefully consider which policies are right for you. So firstly, who needs life insurance cover? Life insurance is a product that makes a great deal of financial sense in a wide range of circumstances. You should seriously consider the protection provided by life cover if you have: * A partner whose standard of living would be at risk...