Do I need life insurance?

This answer varies on your circumstances. It’s advised you take out life insurance if there are people that depend on you financially. This could be children, a partner, or possibly a family friend, Life insurance is there to protect them.

Is life insurance necessary to get a mortgage?

It may come as a surprise, but life insurance isn’t needed when taking out a mortgage. Many people take out life insurance to ensure their mortgage would still be paid on the event of their death.

The only insurance that is required when taking out a mortgage is buildings insurance.

Why do I need life insurance?

It isn’t a topic that we all love to talk about. However, it is important to ensure you can stay in your home if anything were to happen to you. 

Staying in your home is important, but having the right insurance can also help maintain your current lifestyle. This means your family will still have holidays, Christmas and birthday presents and there are no monthly bills to worry about.

Life can be unpredictable and unfortunately things can take you by surprise, such as;

  • Unemployment
  • Illness
  • Accidents
  • Death

Our expert protection advisers in Portsmouth can help relieve any pressure and ensure your policy covers everything you need it to..

How much life insurance do I need?

Your cover will depend on your individual needs, you should aim to take out enough cover to pay off any outstanding mortgage payments, debts, and your general living costs. Our life insurance calculator can help you work out how much cover you may need.

What do I need to think about when buying life insurance?

  1. Don’t hide anything

Be honest about your medical history to ensure your insurances covers what’s necessary.

  1. Read all the information

Make sure you know exactly what your insurance is covering and ensure to ask any questions if there are parts of the cover you don’t understand.

  1. You can change

If you’re not happy with your policy, you can change it.  

  1. Is there a better deal for you?

If you’re young and healthy, there may be better policies out there, meaning you can save money each month. However, if you’re older or have medical problems it’s best to stick with your current policy. We can take a look at your circumstances and help advise on this.

How can we help?

We can look at your current protection policy and see if it’s covering what you need. Or you may not have a policy in place at all, we can help either way.

No two people are the same, which means no two policies are the same. We can find a solution to suit your circumstances. We offer packages that include:

  • Specialist healthcare
  • BUPA Healthline
  • 24 hrs personal nurse adviser

Relieve the stress  and ensure your current policy is enough by getting in touch with us today.