Life Insurance: The gift that keeps on giving

Get in touch for an initial free, no obligation chat with an advisor about how we might be able to help.

Get in Touch

1 Step 1

Is there any greater gift than protecting your family’s future? Why not give you and your loved ones peace of mind?

The gift that keeps giving

All year we work hard to provide our loved ones with everything they need; a roof over their head, food on the table and all the little things throughout the year.

Life insurance ensures that you can still contribute to the lives of those you love, should the worst happen to you. Life insurance is important to you because your family is important to you.

Spending your hard-earned money on life insurance might not be as exciting, but it could prove to be valuable in the future. Whether it is replacing lost income, securing your child’s education or making sure your partner is supported, life insurance plans can offer an essential lifeline when needed most.

How much will it cost me?

Life insurance plans are based on a variety of criteria including lifestyle, health, age and the amount you want to cover. These policies often require regular premium payments over an extended period of time,
as life insurance is a long-term commitment.

According to the website iaminsured, the average cost is around £38 per month with some plans starting from as little as £5 per month. This is a small price to pay which allows your family and loved ones to have financial security for the future.

Preparing for the future

If you have a partner or children, life insurance can provide you with the peace of mind that they will be able to cope financially without you. Think of it as a way to prepare for the future and the unexpected possibilities that might happen.

So, whether you have planned ahead or are still thinking of what to get your loved ones this year, don’t be a scrooge, take a moment to consider giving yourself and those you love a gift to show how much you care.

For more information, contact your adviser who can support you and discuss the options available to you.

If you’d like to discuss the options available to you, contact your adviser today.

Source: Mortgage Intelligence (Published December 2023)

Sign up to The Mortgage Mum email newsletter here.

Catch up on other blog posts from The Mortgage Mum here.

Watch videos on The Mortgage Mum YouTube channel here (subscribe for new videos)

Photo by Daria Obymaha / Pexels