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Where can I find help?: To help you find your question, we have organised our FAQ’s into relevant groups. Answers to all sorts of more general questions are found in the General Questions section.
Life Insurance - why do you need it?: You may want Life Insurance to provide some financial protection for the family or to cover the payment of an Interest Only Mortgage.
What personal details do you need to provide to get a quotation for Life Insurance?: Only your date of birth, sex and whether you're a smoker. So it's really simple to get an immediate quotation.
Should you consider Mortgage Life Insurance instead?: Only if you have a Repayment Mortgage and want insurance cover for it.
Should you include Critical Illness cover on your Life Insurance policy?: You should certainly consider taking out Critical illness cover whether you combine it into your Life Insurance policy (which is by far the cheapest way to buy both insurances) or you take out separate policies (which gives you far more protection – see below).

Is there any investment value in your policy?

No. Once the term is completed the policy simply ends. It’s a bit like car insurance!

It is important to be aware that Life Insurance policies have no investment value. If you survive to the end of the policy’s term, the policy is finished. There is no payout and no value left in the policy. A Life Insurance policy only has a value if you make a claim.

It is worth being aware that Life Insurance is different from Life Assurance. A Life Assurance policy combines a guaranteed sum insured with a form of investment. The longer you pay in the more you hope your policy is worth.

The monthly premiums for Life Assurance can be quite steep.

A Frequently Asked Question related to the above topic.
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Hot Topics

Is there any investment value in your policy?

No. Once the term is completed the policy simply ends. It’s a bit like car insurance!

A Frequently Asked Question related to the above topic. Click below if you wish to read it: -

A Frequently Asked Question related to the above topic.
Click below if you wish to read it: -