Life Insurance Only

> Save money now by choosing life insurance only. Compare the whole market at once and save up to 40%.

Life insurance does not have to be expensive. In fact, choosing a policy with no fancy extras could still give all the cover you need.

What is life insurance?

Life insurance is an insurance policy that will pay your family either a tax-free lump sum or a series of payments in the event of your death.

We often hear that Life Insurance is confusing or in some way hard to understand. It is true that there can be a lot to Life Insurance, and we do recommend speaking to a qualified life insurance specialist to discuss your particular needs. However, life insurance is simply insurance paid to named beneficiaries, such as family or loved ones, when the person who is insured dies.

Main benefits

If you were to suddenly die would your family be able to support themselves? Would they be able manage the costs that would continue to mount up?

Life insurance only is the cheapest way to protect your family and loved ones if the worst was to happen and suddenly you were not around to support them. The cover is extremely flexible as you choose the length of cover and the amount that you would want the policy to pay out. Most policies these days also have guaranteed premiums so you can budget the payments, which on the whole are the cheapest they have been for the last ten years.

Taking the time now to arrange life insurance is the best way to ensure that your family is provided for. Also, as well as providing for your family it will give you peace of mind that protection has been put in place.

Main drawbacks

The main drawback is that life insurance only does not include extras such as critical illness cover or income protection cover. This keeps the policy much cheaper but will not pay out, for example, if you diagnosed with a serious illness and are no longer able to work and provide for your family.

Alternatives

Simple life insurance is the most popular type of cover, but you can also take out life insurance with critical illness cover. This has the same life cover but includes critical illness insurance which will pay out if the policyholder is diagnosed with a specified critical illness. Other alternatives is the increasingly popular Real Life Cover which includes the benefits of life cover, critical illness cover and income protection insurance.

Take action today

You can use life insurance to provide financially for your family if you are not around to provide for them. You need to consider this now when you are fit and healthy, because if the worst was to happen you would not be able to provide for your loved ones at the same exact time when they would need you most.