This type of benefit could provide you with peace of mind that if you were to die or suffer from a critical illness, your family will still receive an income for a set policy term. Most policies term run up until a family’s children have grown up and are no longer financially dependent. It is usually used to pay for financial commitments such as mortgages, bills, and school and university fees. This cover is typically inflation linked so that if a valid claim is made on the policy, the monthly amount that is paid out to your family retains its initial value.
At Intelligent Finance Planning Ltd, we will happily discuss your individual family situation in order to advise you on whether this benefit is appropriate for your circumstances, and if so, compare providers so that we arrange the best value cover.
Contact us now for a no obligation review of your protection needs.
The Guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.