If someone relies on you to support them financially, its makes sense to have sufficient financial protection in place to maintain that support if you were to die.
Many things can cause us to start thinking about our mortality and questioning whether or not we would benefit from buying life insurance, but there are also situations where it will be much more obvious. Buying a house is one such event. It is likely to be the largest single purchase you will make in your life and, if you have a repayment mortgage, you want to try to ensure that the people you love could continue to live in their home if you were to die.
If you start a family, you are suddenly confronted with the fact that there is a new person in your life who is utterly dependent on you. Naturally you will want to spend as long as possible with them, but in the event of the unexpected, it will bring you comfort to know that they are provided for.
Some people may start to consider life insurance as they are nearing the end of their working lives to provide a legacy for those they love, or at least ensure that the people closest to them don’t have financial worries.
Whilst there may be any number of personal reasons why someone might turn their mind to buying life insurance, they can broadly be summed-up under one heading ‘peace of mind’, which can never be underestimated.
We offer advice on the range of protection solutions ranging from personal and family protection, through to more complex business arrangements. Why not contact us today, to see how we can help you protect those you love and value, so that you and they can face the future with confidence and peace of mind.
If your death would cause financial hardship to someone who relies on you, you should protect against that with life insurance.
Life insurance gives peace of mind to those who take it out and those who would be beneficiaries.
Risk Warning: The value of your investments and any income you take from them can go down as well as up, and you may get back less than you invested. You should also note that past performance is not a reliable guide for future performance.