Life Assurance UK

Life Assurance

Life Assurance

Click here for an instant life insurance quote

Life Assurance

Life assurance is another name for life insurance and is designed to pay a cash lump sum to your family or loved ones if you die, although sometimes it is possible to take the lump sum if you become terminally ill.

If you have a family or a partner who are financially dependent on you, or if you have liabilities such as a mortgage or loan then you should consider life assurance.

There are several types of term assurance, some of which are detailed below.

Level term assurance is designed to pay out a sum of money if the policyholder should die during the term in which your policy runs. When choosing your policy, you should choose the amount you want paying out (the sum assured) and the length of time for which the policy is to cover (the term). The sum assured is guaranteed at the outset and remains unchanged through out the term.

Decreasing term assurance (sometimes also called 'Mortgage Protection') is where the sum assured decreases over the term of the policy. This is normally used to protect a capital & interest repayment mortgage, where the outstanding balance reduces each year.

Why use our site for life assurance ?

Our partner is a professional insurance brokerage who are authorised and specialise in protection insurances such as life assurance.

Unlike many other life assurance web sites on the internet our partner is staffed by staff who are trained to give advice to our clients. This means that not only do you get one of the cheapest life assurance available in the UK, but we will make sure that you get the the policy that best matches your needs and are able to answer any questions you may have.

We only deal in protection based insurance. This means that we are experienced with the following insurance types:

We are also able to recommend replacement or top-up life assurance policies, providing that we can demonstrate that any recommendations we make are in the best interest of the policy holder, we would not recommend a replacement policy just because we are going to earn commission from the new policy. You should note however, that our partners are regulated for general insurance but any life insurance would be on a a non advised sale basis.

As a specialist company, we have the ability to search the market place for the best life assurance policy for you at the lowest possible price. You can be assured that our service is free to you, the customer, and we are often able to offer discounts on the policies provided by the leading life assurance companies in the UK. Contact us now for a life assurance quotation.

Please note that there are two basic types of life assurance, term assurance and whole life. Term life assurance is usually available on either a single or joint life basis and some plans also have additional benefits such as paying out on the diagnosis of a terminal illness during the term of the policy. If the policyholder or policyholders are alive at the end of the term the policy expires and no payment is made. If you stop paying premiums at any Stage during the term, the policy lapses and has no value. Whole of life assurance is different in that you are covered for the whole of your life (or in the event of a joint life policy until the 2nd policy holder dies). Once again, if you stop paying premiums at any stage during the life of the policy, the policy lapses and has no value.

Click here for a no-obligation life insurance quote.