• advice@dartmoorfinancial.co.uk
  • 01822 615502

Life Insurance

It is vitally important that when you own a property, and have a mortgage, that you take Life Insurance to protect your family and/or dependants in the event of your death. If you don’t have sufficient life cover in place to pay off the mortgage, your dependants could be left with a very large mortgage to pay, which they may not be able to afford.

Critical Illness Protection

With Life Insurance you also have the option of combining Critical Illness Insurance within the policy. Critical Illness cover is where the provider will pay out the sum assured on diagnosis of a specified Critical (not terminal) Illness, such as Heart Attack or Stroke. If you combine this cover with your life insurance the policy will normally pay out on Death OR Critical Illness. This is the most cost effective way of taking both Life and Critical Illness protection.

Advice

There are different types of Life Insurance available, all of which come with different premium types and benefits. It is therefore much easier, and much more beneficial for you, to instruct us to complete a full assessment of your needs. We will assess the cost, suitability, service and benefits of each policy, before giving you a recommendation. When you accept a recommendation from us you can be safe in the knowledge that you have the most suitable policy to meet your needs.

If required, we can advise on the benefits of placing a life policy into Trust, to ensure that the policy benefit is paid to the appropriate individual and the prospect of paying Inheritance Tax is removed. Please note that the Financial Conduct Authority does not regulate Trusts.

Please note that we do not charge a fee for advising or arranging insurance as we receive remuneration from the product provider.

For further details, quotes or specific provider information please use the Contact Us facility above.


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This is a video provided by Royal London to encourage Financial Advisers to look at adding Wills to their service as part of a "holistic advice approach". We have provided Wills now for 6 years to our clients along with other estate planning services. He "opens the door to a protection policy" which is a bit salesy - Who wouldn't want to leave a lump money for their family to use? The bit that got me is the stat's that came with it:

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When you consider that the average age for our life cover claims was 53, putting it off until later could be a huge mistake"

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Contact us on 01822 615502 or email advice@dartmoorfinancial.co.uk