What’s your safety net?
Having the right financial protection in place is one of the most important decisions you can make as an adult. Yet, it isn’t talked about enough.
But how do you know which policy is right for you? Keep reading to learn a bit about the different types of life insurance out there, and find out what your safety net could be.
Don’t live life without a safety net
Would you walk a tightrope without a safety net below you?
If the answer is no (and we hope it is) then ask yourself why you’d go through life without the right insurance in place?
There’s plenty to choose from. Plus, life insurance costs more the older you get, so now is a better time than ever to sort your cover out.
The biggest net
A life insurance policy could offer you the most extensive safety net.
This type of policy is for parents, homeowners, and those who want to leave something behind for their loved ones.
If you’re covered by a term life insurance policy, then your policy could pay out a lump sum payment to your loved ones, if the worst were to happen to you.
The protect your income net
Protecting the money you earn should be the standard. But sadly, it isn’t.
If you suddenly lost your income because you couldn’t work due to illness or injury, your income protection policy would have your back.
By providing monthly bursts of cash, typically equal to around 60% of your monthly income, this policy could catch you if you fell ill or became injured and couldn’t work as usual.
The critical illness cover net
Becoming critically ill isn’t on anyone's list of life goals. But no one knows what’s around the corner, and if life throws a curveball your way, you need the proper protection in place.
Critical illness cover does what it says on the tin - covers you against becoming critically ill. If you were diagnosed with a defined illness, your policy would pay a lump sum.
This money ensures that your illness doesn’t have to make your life anymore challenging than it needs to be.
The safety net for your home
Home is where the heart is. But it’s also where the debt is. Which is why protecting your home with a life insurance policy is essential.
If the unexpected happened to you and you left your loved ones with the burden of paying your mortgage or worse.
They could be left facing a tough choice, potentially selling the family home to cover expenses and mortgage payments lag, repossession could be the final straw, making an already difficult situation even harder.
Picking your safety net
It’s challenging to know which policy is right for you. But that’s kind of the reason why we exist!
By getting to know you, we can get a feel of what type of policy best suits your needs. Then, by searching the market, we can find the provider that best fits your lifestyle, and budget.
What we do
With over 200 years combined experience in the life insurance industry, we definitely know a thing or two about insurance. Our insurance experts can help you find the right policy to protect your biggest worry.
With the proper protection in place, you’ll have peace of mind if anything happens to you. Don’t put it off any longer; start your journey today!
