Frequently Asked Questions about Life Insurance

General Questions

• What is Life Insurance?
• Life Insurance - why do you need it?
• What do you need to know about Life Insurance?
• Does Life Insurance have to be associated with a mortgage?
• What is the difference between Life Assurance and Life Insurance?
• Is there any investment value in your policy?
• What personal details do you need to provide to get a quotation for Life Insurance?

Is it really Life Insurance you need?

• Should you consider Critical Illness Insurance instead?
• Should you consider Mortgage Life Insurance instead?

Aspects you have to make decisions about when buying Life Insurance

• How long should you insure for?
• Should you have a “Guaranteed” or a “Reviewable” policy?
• Should you include Terminal Illness Insurance?
• Should you include Critical Illness cover on your Life Insurance policy?
• What is the difference between Critical Illness Insurance and Terminal Illness Insurance?
• Should the cover be on Joint lives or Single lives?
• Can you have different levels of cover on a joint life policy?
• Should your policy be written “in Trust”?
• Which optional extras are important?