Are you Paying too much for your Life Insurance?
Recent research by Sainsbury's has revealed that life insurance premiums have fallen over the past year in almost 75% of cases.
Has your life insurance premium dropped? If not, you could be paying too much and it is well worth taking some time to get alternative quotes.
Be careful, however, as you need to make sure you have adequate cover that serves your needs. If you are not one hundred per cent sure of how much cover you will need to make sufficient financial provision for your loved ones and to fully pay off any outstanding mortgage or secured loans, it is best to take professional advice from a mortgage and protection consultant.
The Benefits of Taking Advice from a Professional Protection Consultant
An additional benefit of taking professional advice is that a consultant will have access to policies that you may not find though the usual channels, such as on comparison websites or via your bank or building society. These policies could be considerably cheaper and may have greater advantages.
A mortgage and protection consultant will fully examine your situation and work out how much cover is needed. They will also provide you with advice on other types of insurance such asredundancy and accident and illness cover; all valuable policies that could make an enormous difference to you and your family should you or your partner suddenly lose your income.
The Best Advice is Whole of Market
Whole of market advice means you will be recommended insurance policies from every provider on the market, including those who choose not to be listed on comparison websites. Don't forget, your bank, building society or even favourite supermarket will usually have tie-ins with certain providers, sometimes just one or perhaps a panel, so by limiting your advice to them, you could miss out on a policy that is more suited to your needs, and your budget.
A professional consultant will continue to monitor your needs as your circumstances change. If you take out additional borrowing for example, your family grows or your income alters, your cover may need to be adjusted accordingly.
If you are worried you are paying over the odds for your life insurance, take advice from a whole of market, independent mortgage and protection consultant. And if you don't currently have cover, or are concerned what you do have might not be sufficient for your needs, now could be a good time to look into a new policy.
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.
Has your life insurance premium dropped? If not, you could be paying too much and it is well worth taking some time to get alternative quotes.
Be careful, however, as you need to make sure you have adequate cover that serves your needs. If you are not one hundred per cent sure of how much cover you will need to make sufficient financial provision for your loved ones and to fully pay off any outstanding mortgage or secured loans, it is best to take professional advice from a mortgage and protection consultant.
The Benefits of Taking Advice from a Professional Protection Consultant
An additional benefit of taking professional advice is that a consultant will have access to policies that you may not find though the usual channels, such as on comparison websites or via your bank or building society. These policies could be considerably cheaper and may have greater advantages.
A mortgage and protection consultant will fully examine your situation and work out how much cover is needed. They will also provide you with advice on other types of insurance such asredundancy and accident and illness cover; all valuable policies that could make an enormous difference to you and your family should you or your partner suddenly lose your income.
The Best Advice is Whole of Market
Whole of market advice means you will be recommended insurance policies from every provider on the market, including those who choose not to be listed on comparison websites. Don't forget, your bank, building society or even favourite supermarket will usually have tie-ins with certain providers, sometimes just one or perhaps a panel, so by limiting your advice to them, you could miss out on a policy that is more suited to your needs, and your budget.
A professional consultant will continue to monitor your needs as your circumstances change. If you take out additional borrowing for example, your family grows or your income alters, your cover may need to be adjusted accordingly.
If you are worried you are paying over the odds for your life insurance, take advice from a whole of market, independent mortgage and protection consultant. And if you don't currently have cover, or are concerned what you do have might not be sufficient for your needs, now could be a good time to look into a new policy.
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.
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