Independent Financial Adviser for Life Insurance Advice

Life Insurance

Life Insurance has been around for centuries. The earliest date for a policy in the UK pre-dates the 16th century - Article here

Arranging Life Insurance has been a trusted way of assisting people and business to repay debts, loans or providing for families and/or loved ones in event of Premature Death.

There are a multitude of companies who offer life insurance in the UK and its important to assess who provides the best cover for the purpose you require.

Different types of policies can be used for different things. For instance:

Decreasing Term Assurance

Decreasing Term Assurance is typically used for protecting a reducing mortgage or debt over a given term or also a form of family protection where the level of benefit reduces over a period.

Level Term Assurance

Level Term Assurance is used typically for a fixed sum debt, perhaps an interest only mortgage or a fixed.

Increasing Term Assurance

Increasing Term Assurance is where protection is needed for a debt or an amount that is increasing  as apposed to decreasing.

Renewable Term Assurance

These plans are typically for a short term, but with the option to renew the plan for a fixed term on the same medical grounds at the time of inception.

Convertible Term Assurance

This type of insurance may be converted to a whole of life or or endowment insurance at the date of expiry

Some of the plans can include Critical Illness cover with in the plans, but each one typically has their own benefits.

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Trevor Branton is a Registered Individual of Clearwater Financial Limited, who is a an Appointed Representative of Intrinsic Independent Ltd, which is authorised and regulated by the Financial Services Authority.

Intrinsic Independent Ltd is entered on the FSA Register under reference 217742