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Life Cover

There are two very simple questions you should ask yourself to find out if you need some sort of life cover. The first is  'Who would be financially disadvantaged if I die?'  and the second is 'What would happen if i was too ill to work for a prolonged period of time'?

If you are single, with no partner or no dependants, then you might not need life insurance at all.  You may however want to consider cover so that you are protected against critical illness, which can mean a long term layoff from work.

If there are people close to you who would feel the financial hardship of your premature death, then you should insure your life. You wouldn't want to leave your loved ones with a mortgage to pay and the loss of your income.

Life insurance can protect you against your death during a specified period of time. The insurance policy pays out a tax free lump sum when your family present the insurance policy document and your death certificate to the Insurance Company. Quotes4Charity CIC will assist in processing any claim at such a stressful time.

Critical illness insurance can protect you against suffering a specified critical illness during a specified period of time. The insurance policy pays out a tax free lump sum when you have been diagnosed by a doctor and the diagnosis verified by the Insurance Company.

How much Life Insurance or Critical Illness Cover should I have?

This depends entirely on your personal circumstances at the time you decide
to insure yourself. Your age, your dependants, their ages, your financial commitments, the benefits your employer provides for you. As your life circumstances change, your life insurance and critical illness cover needs change too. A new baby, a marriage, a divorce or a job change are all major changes to your circumstances.

Types of Cover available:

Level Term Life Assurance

  • You choose the amount of cover you want and how long you would like the policy to run for.
  • If you die during the policy term your insurer will pay the amount you are covered for.
  • If you set up a joint policy (one policy to cover two people) the amount of cover is paid out on the first death.
  • The policy stops when a claim has been paid. These policies have no cash in value at any time.

Mortgage Protection Life Assurance

  • You choose the amount of cover you want and how long you would like the policy to run for.
  • The amount of cover reduces each month during the policy term and is calculated to be enough to equal the capital outstanding under a normal repayment mortgage.
  • If you die during the policy term your insurer will pay the calculated amount of cover at that time.
  • If you set up a joint policy (one policy to cover two people) the amount of cover is paid out on the first death.
  • The policy stops when a claim has been paid. These policies have no cash in value at any time.

Level Term Life Assurance with Critical illness Cover

  • You choose the amount of cover you want and how long you would like the policy to run for.
  • If you die or are diagnosed with an earlier critical illness during the policy term your insurer will pay the amount you are covered for.
  • The types of illnesses covered include Heart Attack, Stroke, Cancer and Multiple Sclerosis (the full list of illnesses covered are detailed by the insurers in their key features document which is available on request).
  • If you set up a joint policy (one policy covering two people) the amount of cover is paid out on the first claim.
  • The policy stops when a claim has been paid. These policies have no cash in value at any time.

Mortgage Protection Life & Critical illness Cover

  • You choose the amount of cover you want and how long you would like the policy to run for.
  • The amount of cover reduces each month during the policy term and is calculated to be enough to equal the capital outstanding under a normal repayment mortgage.
  • If you die or are diagnosed with an earlier critical illness during the policy term your insurer will pay the calculated amount of cover at that time.
  • The types of illnesses covered are Heart Attack, Stroke, Cancer, and Multiple Sclerosis (the full list of illnesses covered are detailed by the insurers in their key features document which is available on request).
  • If you set up a joint policy (one policy covering two people) the amount of cover is paid out on the first claim.
  • The policy stops when a claim has been paid. These policies have no cash in value at any time.

Your Quotes4Charity mortgage advisor will talk you through the various options and advise which one is best for you.

Call 0845 299 8630 or complete the enquiry form below.

  1. Life Cover
  2. Life cover advice from Quotes4Charity CIC helps take some of the hassle and stress out of choosing the right cover for you. As well as deciding which products are most appropriate to your own individual circumstances, our helpful advice team will monitor your application,to ensure a smooth process through to completion.
  3. Complete the advice request form below and we'll call you back at a time that's convenient for you.
  4. Please note that all calls may be recorded for training and monitoring purposes.
  14. I/We hereby give consent for you to call me/us using the contact details supplied to discuss my/our Life Cover/Mortgage/Home Insurance requirements now and in the future from an authorised advisor
  17. Alternatively, call our Help Line for an initial chat
  18. 0845 299 8630
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