The main purpose of Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you.  It can also provide reassurance of financial protection for you and your family.

A Life Assurance policy pays out a sum of money when the person who is covered by the plan dies. The money is intended to pay off any outstanding debts and  can also support your dependants financially by providing them with a further lump sum or a regular income if you die.

There are many types of protection policies including Term Assurance, Whole of Life, Endowment policies and others to choose from.

As Financial Advisers we can help you find the one that best meets your requirements as provision with adequate life cover for your personal circumstances is not as easy as you may think.

Please be aware that in some cases this type of assurance is based on an assessment of the health of the applicant.

Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.