Guardian Assurance Limited Life Insurance

Guardian Assurance Limited Life Insurance. Fact! If you don't compare us against the market now it could cost you £1000's. Compare the whole life insurance market.

Guardian Assurance is an independent insurance policy agency. It represents many reputable insurance firms and helps locate the perfect plan for a customer. They shop for the right insurance plan according to the personal circumstances and needs of an individual. This makes it a lot easier for people to have a one stop shop for getting all the information required and the right policy presented to them, instead of them having to scour the internet or other sources to make the bewildering decisions on the provider and the policy plan. Their main aim is to provide insurance policies at the cheapest possible rates while providing high quality customer support. They can furnish the potential clients with an assessment of their insurance needs and a choice of which package fits them best. Their staff has excellent experience and knowledge of all the insurance products. They strive to provide maximum protection and benefit to their clients. They have qualified, licensed insurance professionals that can help any consumer with any business or personal insurance needs.

Life insurance plan

Financial experts consider insurance policies as an important aspect for building a sound financial plan.

Income for dependents: When a family has dependents, the policy can provide income for them at the death of the policy holder. This is commonly seen in the case of parents with young children. It is also applicable to couples, when they survivor would become financially challenged through the death of a partner. Also applicable to dependent adults such as siblings or adult children, parents who rely on a sole breadwinner (policy holder) for living and other expenses. Insurance to replace the policy holder’s income can be very useful if the employer/government sponsored benefits of the surviving family will be decreased after the death of the individual.

It helps pay final expenses:

Life policies can also pay for burial and funeral costs, debts, medical expenses not covered by health insurance, probate and other estate administration costs.

Provide inheritance for heirs:

Even if there are no property or assets to pass on to family, one can create an inheritance by purchasing an insurance policy and assigning the children or grandchildren as beneficiaries.

Make payment for state death or federal death taxes:

There are state and federal death taxes applicable from Jan 2011 in certain locations. This may not be applicable everywhere or may vary. Estates valued $5 million or less does not have to pay taxes. Estate worth over $5 million is taxed at 35%. Some heirs faced larger than anticipated capital gains taxes upon sale of the assets, although there was no estate tax due before 2011.

Make sizeable charitable donations:

There are policies that provide cash value that, if not paid at death payment, can be withdrawn or borrowed on the holder’s request. Most people make insurancepolicy payments a high priority; purchasing a cash value policy creates a kind of savings plan. Moreover, the interest gained is exempted from tax.