Most people would take out life insurance to make sure a mortgage can be paid off in the event of their death. At Westmore Insure Ltd we look at other scenario’s that may not have been considered.
- Protecting the family whilst children are dependant on you
- Leaving a lump sum for funeral expenses
- Shareholder or Key Person Cover if you are the owner of a business
Life Insurance doesn’t have to be a lump sum. Family Income Benefit policies provide an income for the remainder of the policy in the event of a person’s death. These are very handy if you are on a budget but still want to protect your family.
We also have access to Whole of Life policies where you will be covered for the rest of your life which will leave money behind for the family to use for things like inheritance, funeral costs or to pay any IHT liabilities.