Peace of mind for you and your family
The most common form of life assurance is mortgage protection life cover only contract, which designed to pay back your mortgage in the event of your death. You can add specified illness cover to this contract to have your mortgage paid off should you be diagnosed with an illness specified on your policy as per the policy conditions. The amount of your cover decreases at an assumed interest rate in line with your mortgage balance. In most cases you are legally required to take out a Mortgage Protection plan if you have a mortgage.
This is the simplest and one of the least expensive forms of cover. At outset you decide on the amount of life cover and the period – both are fixed. If you die before the end of the term the money is paid to your dependants / estate and if death doesn’t occur during the term no benefit is paid, and the plan end. There is an option to add a conversion option to your contract. This will allow you to continue the at the end of the term – without having to do any additional medical examination.
In the event that you are diagnosed with a medical condition that is covered under the policy as per the policy conditions, you will receive a tax-free lump sum. Different providers cover different specified illnesses under their products.(Terms and conditions are available on request).
Can give you peace of mind knowing that you have cover for your lifetime with a guaranteed premium that will be a cash lump sum to your family and dependants whenever you die. The premium will typically be higher than the premium available for a fixed term life cover contract.
Have you ever thought about Inheritance tax? With the dramatic increase in property valuations, the inheritance tax bill payable by the beneficiaries of your estate could be significant! We are able to offer you a whole of life policy that will allow your beneficiaries to settle probate and inheritance tax liabilities, leaving their legacy intact.
Safeguard your business with tailored protection solutions designed to mitigate the impact of unexpected events. Our Shareholder protection plans ensure smooth transitions and business continuity in the event of a shareholders death or critical illness. With Dey Person Cover, you company is shieled from financial loss due to the absence of a crucial team member, helping maintain stability while you find a suitable replacement. These solutions offer peace of mind, ensuring the long-term security of your business and stakeholders.
