Pay off your outstanding mortgage balance and other debts, leaving your family completely debt free.
Leave a cash lump sum to support your children whilst they’re growing, for expenses such as education and maintaining their living standards.
During a difficult time, you can take away the worry of paying expensive funeral bills, allowing your family to give you the service of your choice.
Leave behind a sum of money for your relatives as their inheritance, and help to maintain their current lifestyle after your death.
Let’s look at the stats!
Here are just a few reasons to choose Life Insurance through So Smart Protect:
The sooner you take out a policy the lower the price is likely to be, so it’s never too soon to start looking for life cover.
Factors such as smoking, your weight and BMI are all looked at, so consider your lifestyle choices.
Having a high risk job or a dare devil hobby can be factored in and could increase the price you pay for cover.
If your immediate family has a history of heart problems, cancer or stroke this could see increased premiums for your cover.
So let’s look at some examples
Many factors are taken into consideration when providing you with a price for your life cover. Here we look at how your age can affect the price, please note these are examples only and are based on a female covering £150,000 over a 20 year term on level term assurance policy:
Decreasing term cover
With a decreasing term policy the pay-out amount will be reduced monthly, over the length of the policy. This type of cover is often used to help family pay off outstanding debts, such as a mortgage or loan payments. You can set the amount to reduce overtime, as the balance of your debts reduces.LEARN MORE
Knowing that your family can give you the send-off you would all like, will give you peace of mind. Having all the costs taken care of in advance, means your family will not have to worry about finding the funds to cover your funeral at such a difficult time.LEARN MORE
Get covered today! It only takes a few minutes.
We understand how important leaving behind financial support for your family is to you and our team of protection heroes are waiting to take your call. We can guide you through all your options when it comes to choosing a suitable life insurance policy. We’ll also take the time to understand your individual needs, finding a policy to suit you and your family.CALL US ON 01244 950 318
*Stats provided by ABI, https://www.abi.org.uk/news/news-articles/2018/04/protection-insurers-pay-out-record-breaking-5-billion-in-claims/