If you are looking for answers to your questions on whether you need a life cover, when is a good time to take it or how much it would cost you, then look no further. We have put together a list of questions (and answers!) that most people ask themselves before applying for a life cover.
Who needs a life cover?
Generally, anyone who has children or other dependents, like parents, siblings or a stay-at-home partner who would not be able to provide for your family in the event of your death. If you’re paying off a mortgage on a house or apartment, a bank might also require that you take a life cover.
Do I need a life cover when I’m young and healthy?
If you have any dependents, or if you are planning to have them, then the answer is yes. Even if you are currently young, single and in good health it might be worthwhile looking at getting life cover. Life circumstances change, and there are certain benefits to applying for it early, like easier approval process and lower premiums.
Does it have to be expensive?
The amount that you are going to pay depends on your individual circumstances, for instance how much debt you have, how many dependents rely on your income and how much money they will need to support them after your death. We are here to help you shop around for the best insurance policy on the market, tailored to your needs.
There are so many insurance providers on the market, which one of them offers the most affordable Life Insurance policy?
Don’t hesitate to get in touch with us through our quick and simple contact form, and we will call you back with the best Life Insurance deals.
Do I need to commit to a whole-life insurance policy?
No, there are fixed term life covers available on the market. Get in touch with us today through a contact form, and one of our advisors will assist you with finding the most affordable fixed term life insurance.