What is life insurance?

Life Insurance pays a lump sum of money if you pass away or become terminally ill. It is designed to help your family pay costs that you would have helped with if you were still alive.

If there are people who depend on you financially, you need insurance to protect them. It's essential for individuals to choose the right type and amount of life insurance based on their individual needs, financial situation, and future goals.

It can be difficult to work out how much life insurance you actually need. We use specialist software that helps you work out what is right for you and your family. Your personal circumstances (debt, income, ages of your children etc) are factored in, then you get to determine what you would like to happen in the event of an early death – whether assets will be sold, whether the surviving family are able to earn etc.

This calculates how much money your dependents would need to maintain their quality of life due to the loss of income in the event of your death.

We take a collaborative approach when it comes to determining insurance. We bring our years of experience guiding clients through the insurance journey, as well as seeing the impact that insurance has at claim time. However, at the end of the day, the decision is entirely in your hands.