Along with a many things in life that we all try to get right, buying Life insurance at the best time can be a hard thing to try and solve by yourself. Many families do not really discuss or make young adults aware of the importance of life insurance. As life insurance as a topic […]
The Financial Sector predicts over 2 million jobs to be lost, if the furlough scheme ends in October. Many companies are urging Rishi Sunak to extend it. Many of the financial and banking giants have been analysing the ongoing crisis and modelling data on the impact to the UK economy. JP Morgan have recently advised […]
With almost all insurance products, such as car, buildings & Contents, gadget or travel insurance, it is not prudent to purchase different policies to cover the same thing. This is because you will be paying up to double the premiums and coverage, without it benefiting you. With the above polices there are contribution clauses embedded […]
We all love our parents dearly and would like to protect them as much as we possibly can. If 2020 has taught us anything – it would be the importance of family. Many people who have purchased life insurance or are currently looking for life insurance protection. Have also questioned if they can insure their […]
If you become seriously ill to the point where you can no longer work to earn a living. You might need help to keep up with mortgage and other household bills as well as general day-to-day living costs. Critical illness cover can do just that, paying out in the event that you contract a serious […]
One of the many questions we get from our website visitors is, am I too old to get life insurance? The easiest answer is no, unless you reach the age cap for purchasing life insurance. Which with many of the life insurance companies in the UK is 77-79, this varies between the insurance company. Life […]
As adults we all look for that amazing bargain, if it is looking through the sales or using websites like quidco. However, cheaper is not always better as our parents would say. This can also be the case with financial products ranging from credit cards, mortgages and other products. At Life Insurance Cover we look […]
There is not a specific life insurance tax applied to the money paid to your family or beneficiaries. It may be subject to Inheritance Tax if it forms part of your estate. Inheritance Tax, is a tax on the net value of an individual’s estate in the event of their death. This is calculated to […]
Life insurance isn’t a subject that anybody wants to think about as no on plans to pass away, even though we know it’s very important. With all the information on the internet and speaking with people we know can sometimes make it confusing. Which isn’t helped by the many common misconceptions about life insurance. The […]
There is no legal obligation to get life insurance for a mortgage, but some lenders do consider it a precondition for letting you borrow money to buy a home. The vast majority of homeowners in the UK, having financial protection in place makes perfect sense. If you own a property, a mortgage is more than […]