Case study, Life Cover peace of mind
To us all living in the moment and enjoying life seems to be our primary focus, and with good reason. No one should morbidly reflect on the ‘what if’s’ , conjur up disasters that may never happen or worry constantly that something awful will befall us or our family. But like everything in life, balance is key, the opposite to obsessive worry can be a refusal to accept reality and understand that life at times […]Read More
Save up to 41% with Tax efficient life cover.
Chances are you were never informed that you can save up to 41% on your life cover. This is one of
the best kept secrets in the insurance world.
We all know taking out Life Cover is a good idea...
But sometimes with all the other demands on your income such as mortgage payments, utility bills, holidays, school fees, the weekly grocery shop... it can be hard to see how to budget for Life Cover. However, there is a solution available that delivers the peace of mind that comes from knowing that these expenses can be covered should you die. In fact, it can cost up to 41% less than a regular Term Assurance policy.Read More
Life Insurance for the over 50’s
If you want some cover in your older years, it’s important to choose your insurance carefully or you could end up out of pocket. If your mortgage’s paid off, you’ve built up a decent savings pot for retirement and the kids are leaving home, you could argue there’s no need for life insurance anymore. But if your spouse or partner would face hard times if you died then you should still have a policy in place. Of […]Read More
Term Assurance Also known as Level Term Cover – this life insurance policy is taken out for a specific term. The main difference between Level term life insurance and Mortgage Protection is that the level of cover does not reduce with term assurance. Example: Tom & Mary have two children under 4. They want to protect their family’s financial security in the event of one of them dying. They start a Level Term Life insurance […]Read More
Mortgage Protection Most home loans require mandatory life cover. This means if you die during the term of the mortgage, an insurance policy, is payable and repays your mortgage, ensuring you need not worry about the repayments. Premiums depend on age, health status, occupation, smoking habits and can vary from one insurance company to another. Southeast Financial Services will provide you with the cheapest Mortgage protection quotes. The minimum legal requirement (for somebody under 50 […]Read More
Do I need cover?
What is Life Insurance? Life insurance is a simple product designed to provide a lump sum or Monthly income payment on death. It is designed to provide your dependents with financial security on your death and ensure that they are not left with a shortfall in income. It can also be used to protect mortgage and loans to ensure they are not passed on to your estate. Ask yourself: When did you last review your […]Read More
Reviewing Life Cover
Time to Review Your Life Insurance? Most people just take out a life policy, stick it in a drawer and never look at it again. You should review your life insurance or mortgage protection every few years. Check if there is better cover available or if you can get better value elsewhere. Did you know that the price of life insurance has fallen by up to 40% over the past 10 years. Whenever you experience a […]Read More
Whole Life Policy
Whole Life Policy: A whole of life policy is taken out with the intention of covering you for all of your life. There is no set term on the policy, it will continue forever. Sounds good eh, but there are some downsides; It is expensive. Because you are covering yourself until you die, the cost of cover is more expensive. You could live until you are 110! The premiums can change. Initially your premium will […]Read More
Over 50’s Insurance
Over 50’s Insurance Guaranteed acceptance – no medical needed We understand that not everyone wants to go through the details of their medical history to take out a protection plan – we know that some people find this awkward. If you are aged between 50 and 80 and apply for 50+ Easy Life Cover, you will not be asked for any medical details or health history and we will not ask you to go for […]Read More
Negative Equity Insurance
Negative Equity Insurance Negative equity insurance is simply using a life insurance policy to fund the difference between to value of a property and the outstanding debt on it should you pass on. This is a very prudent estate planning measure; whilst you may be in a position to manage your affairs on an ongoing basis, would your family be if something happened to you. Whilst most people have a mortgage protection policy relating to […]Read More