Life Assurance
Life Assurance What is it?
Without a robust life assurance policy, your loved ones could face hardship. A life assurance policy pays a lump sum to your estate in the event of your death, giving both you and your family peace of mind.
Advice
Modern life assurance policies are very flexible. You can decide on the amount, the term, and any extra options you might require. Don’t consider one that isn’t sufficiently flexible to meet your needs. Pure Finance has agencies with all the major insurance companies, so we can find you the ideal insurer.
Income Protection
What is it?
Income Protection provides you with a replacement income in the event of you being unable to work due to illness or injury. The period the replacement income is inactive is known as the deferred period
Advice
We believe Income Protection is one of the most important types of insurance you can take out. It means your family are covered in the event of you being unable to work, through illness or injury. It provides you and your family with peace of mind.
Mortgage Protection
What is it?
Everyone granted a mortgage must take out mortgage protection. Mortgage protection is a form of life assurance that protects your mortgage debt in the event of your death.
Advice
Remember, when taking out a mortgage, you are free to shop around for the best and most competitive policy. You do not have to opt for the agency recommended by your bank or mortgage provider. Moreover, if you already have a policy, you are entitled to review it, and explore other options if it isn’t working for you.
Most banks and brokers only deal with one or two of their favoured providers. We however explore a variety of options, recommending the best.
Serious Illness Cover
What is it?
Serious Illness Cover pays you a tax-free, lump sum in the event of you being diagnosed with a serious illness. Your policy will list what illnesses are included. The lump sum can then be discharged towards essential bills, such as medical bills, cost of travel to and from hospital, extra childcare, and more.
Advice
Review your policy regularly to determine what illnesses are covered. Pay particular attention to the wording of the policy. You could be in the high-risk category for a particular illness, owing to lifestyle or family history, and you need to know if you are covered.
