Review Your Insurance Policies Regularly
Just remember that as time goes on, your personal and financial situation changes. You might have more or less liabilities, an extra child, you have inflation to take into account and possibly improved salary/wages. For these reasons, it is vital that you review your insurance policies regularly to ensure that you have the best premiums and the correct amount of cover. Also remember that if you contact your insurer or broker, you may be able to set up an increasing or index-linked policy to offset inflation.
“Have you considered how your family would repay your mortgage if you were to die? Would your family need to move home or sell your property if they no longer had your income to pay the bills? Mortgage Life Insurance will pay a lump sum to...” read more
“Income Protection Insurance provides a monthly income in the event that you are unable to work due to an accident or significant illness. It is possible to include involuntary redundancy on some policies depending upon the options that you go...” read more
“Most unemployment insurance providers now offer cover that can pay out for a maximum of 12 months or until a client returns to work. Previously policies were more readily available that could pay out for up to 2 years and whilst this longer term is...” read more