Life insurance companies cover various critical illness definitions. These can vary between insurers. Sometimes having the cheapest price cover can mean reducing the benefits that are offered. As a specialist in life insurance and critical illness protection we will compare not only the cheapest cover but the one that gives best overall value for your [...]
Term Life Insurance and Critical Illness Insurance can either be on a Guaranteed basis or a Reviewable premium basis. The terms relate to the monthly premium. Life insurance companies monitor claim rates and if claims are higher than the expected they will need to increase their premiums to ensure they continue to make a profit. [...]
Decreasing term life insurance has many uses. One of the most common is for mortgage protection. We will look out how this policy works.
Normally with a joint term insurance policy, should one of you need to claim for Life or Critical illness then the policy finishes after the claim has been made. However should you both die at the same time, perhaps in a car crash, then the policy still only pays out the sum assured once. However [...]
There are major advantages or writing a life insurance policy in trust. Many life insurance brokers and online price comparison websites skip over this important step due to the time and technical knowledge involved. However here at Quotes4Life.co.uk we pride ourselves on offering this service as part of the sales process. This service is free what’s more all [...]
