Life Insurance – When you are in the process of planning for your future, you may decide to invest in life insurance. This type of financial product will pay out a lump sum of money to either your estate or your loved ones in the event of your death. Some policies will also pay out if you have a serious accident or receive a terminal diagnosis. The money paid out by the policy can be used by your family to pay off your debts, such as a mortgage, or cover general expenses.
There are many products available to cover all types of protection needed, specific to your requirements.
If you would like more advice we can refer you to a trusted professional who will be able to talk you through the options available to you and your circumstances.