Life insurance is a simple way to make sure your family and loved ones are looked after financially should you die or be diagnosed with a terminal illness.
Life insurance is a 100% tax free lump sum paid out upon death or earlier terminal illness. The cover can be level, decreasing or increase in line with the cost of living (Retail Price Index).
Life insurance can also be used to cover your mortgage. Prices can vary based upon the health and lifestyle of the individual.
For as little as £10 a month you’ll get peace of mind that should the worst happen, everything and everyone is taken care of.
To put together this point of reference we’ve had to make a number of assumptions:
Age at application | Non-smoker | Smoker | |||
25 | £400,329 | £229,330 | |||
30 | £303,761 | £152,708 | |||
35 | £206,731 | £90,818 | |||
40 | £129,638 | £54,017 | |||
45 | £76,779 | £31,829 | |||
50 | £43,100 | £18,127 | |||
55 | £23,477 | £10,440 | |||
60 | £12,808 | £6172 |
Click here to get fee free expert advice and a no obligation quotation.